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Farmland Values Draws Concerns about Return of Farm Crisis
2013-04-18 18:47:00| National Hog Farmer
Source: University of Missouri Low interest rates and record income per acre have driven farmland values much higher over the last decade. The increase has led to concerns of a repeat of the farm crisis of the 1980s. “Back in the 1970s, we got way above trend growth, and it looks like that is what is happening again,” says University of Missouri Extension agricultural economist Ron Plain. “Last year, we were more than $500 per acre above trend for the average acre of Missouri farmland.” read more
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Category:Agriculture and Forestry