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Your Precious Land

RSS By: Mike Walsten, Pro Farmer

Mike Walsten has covered major business trends in agriculture for more than 40 years.

Texas Cropland Values Finish 2010 5% To 12% Stronger

Mar 07, 2011

Mike Walsten

The value of Texas dryland and irrigated cropland rose 5% and 12%, respectively, in 2010, according to the most recent survey conducted by the Federal Reserve Bank of Dallas. The bank, which serves all of Texas, northern Louisiana and southern New Mexico, found Texas ranchland values rose 4%. The bank survey found 22% of survey respondents expected farmland values to continue to rise in 2011 compared to only 3% who felt that way a year ago.

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I will have more details in the next issue of my newsletter. If interested in seeing a copy of LandOwner, just drop me an email at landowner@profarmer.com or call 800-772-0023.

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