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Diane Publishing Books
Trends in U.S. Farmland Values and Ownership
Cynthia Nickerson (au)
This report examines both macro-economic (interest rates, prices of alternative invest.) and parcel-specific (soil quality, goväó»t. payments, proximity to urban areas) factors that affect farmland values. In the last few years, U.S. farmland values have been supported by strong farm earnings, which have helped the farm sector in many regions to withstand the residential housing downturn. Historically low interest rates are likely a significant contributor to farmingäó»s current ability to support higher land values. About 40% of U.S. farmland has been rented over the last 25 years. Non-operators (landowners who do not themselves farm) owned 29% of land in farms in 2007. Charts and tables. This is a print on demand report.
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