The following commentary does not necessarily reflect the views of AgWeb or Farm Journal Media. The opinions expressed below are the author's own.
Mike Walsten has covered major business trends in agriculture for more than 40 years.
Farmers National Company, the large farm management/farm real estate firm headquartered in Omaha, Neb., offers a detailed state-by-state breakdown of current farmland values in this press release. They cite the strong rise in grain farming profitability, a decline in the volume of farms offered for sale, and lack of attractive alternative investments as key factors in the late-half 2010 surge in land values.
Click here for the full press release.
Click here for the chart of land price comparisons.
If interested in seeing a copy of LandOwner newsletter, just drop me an email at firstname.lastname@example.org or call 800-772-0023.