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The Current Situation on Farmland Values and Ownership

Author

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  • Duffy, Michael

Abstract

Robust farm incomes have spurred farmland values to their strongest levels since the 1970s. Despite strong farmer and investor demand, most land owners, especially aging farmers are reluctant to sell farmland. Generally, current land economic fundamentals are strong and highly volatile market conditions will influence farmland values and farm ownership trends.

Suggested Citation

  • Duffy, Michael, 2011. "The Current Situation on Farmland Values and Ownership," Staff General Research Papers Archive 34956, Iowa State University, Department of Economics.
  • Handle: RePEc:isu:genres:34956
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    File URL: http://www2.econ.iastate.edu/papers/p14956-2011-07-05.pdf
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    Cited by:

    1. Stinn, Matthew Carl, 2012. "Farmland price determinants in Iowa," ISU General Staff Papers 201201010800003483, Iowa State University, Department of Economics.
    2. Katchova, Ani & Ahearn, Mary, 2015. "Farmland Assets and Growth Trends for Young and Beginning Farmers in the U.S," 2015 Conference, August 9-14, 2015, Milan, Italy 211839, International Association of Agricultural Economists.
    3. Katchova, Ani L. & Ahearn, Mary Clare, 2014. "Farmland Ownership and Leasing: Implications for Young and Beginning Farmers," Staff Papers 184725, University of Kentucky, Department of Agricultural Economics.
    4. Ani L. Katchova & Mary Clare Ahearn, 2016. "Dynamics of Farmland Ownership and Leasing: Implications for Young and Beginning Farmers," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 38(2), pages 334-350.
    5. Gabruch, Mandy L. & Micheels, Eric T., 2017. "2016 WAEA Winning Student Submission: The Effect of Saskatchewan's Ownership Restrictions on Farmland Values," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 42(1), January.

    More about this item

    Keywords

    Farmland values; farmland ownership; speculative bubble; land purchases;

    JEL classification:

    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment

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