What's keeping farmland values so strong?

Martin Porter

American Bankers Association, 2002, vol. 15, issue 3

Abstract: Farmers need to find only about $2.6 billion per year of cash equity to support their share of land-buying demand. Farmers' cash needs for land investment look even tinier compared to receipts from sales of all farm commodities - about $204 billion in 2002. Three categories of demand supporting farmland values are discussed, including: 1. government programs, 2. nonfarm demand for land, and 3. farmers' expansion buying.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 2002
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