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What's keeping farmland values so strong?

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  • Porter, Martin

Abstract

Farmers need to find only about $2.6 billion per year of cash equity to support their share of land-buying demand. Farmers' cash needs for land investment look even tinier compared to receipts from sales of all farm commodities - about $204 billion in 2002. Three categories of demand supporting farmland values are discussed, including: 1. government programs, 2. nonfarm demand for land, and 3. farmers' expansion buying.

Suggested Citation

  • Porter, Martin, 2002. "What's keeping farmland values so strong?," American Bankers Association, American Bankers Association > Journal of Agricultural Lending, vol. 15(3).
    • Handle: RePEc:ags:abajal:336627
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    File URL: https://ageconsearch.umn.edu/record/336627/files/ers2022-23-0585.pdf
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