Are Farmland Prices Out of Control?

March 2, 2011 03:01 AM

Current land values assume historically high commodity prices and historically low interest rates, says Jason Henderson Vice President and Omaha Bank Executive, Federal Reserve Bank of Kansas City. The question is, are those figures based in reality?

“I think agriculture faces a huge interest rate risk,” says Henderson. “Interest rates can’t go any lower than they are today. When interest rates rise, it strengthens the dollar, shrinks exports, decreases commodity prices and cuts farm income.” Henderson addressed media during the 2011 Bayer CropScience Ag Issues Forum in Tampa, Florida on March 1, 2011.
Listen in as Henderson discusses land values, cash rents and the current thoughts on lending.
Back to news



Rate this News Article:

Spell Check

No comments have been posted to this News Article