Farmland Prices Fall In 2014
Farmland was one of the few assets to come through the 2008 credit crisis unscathed, and prices went parabolic soon after the crash. The Fed reported this week prices declined in 2014, which was the first annual price decline since 1986! There's not another asset on the planet that has experienced that kind of uninterrupted run over the past three decades.
With many agriculture prices recently experiencing major declines (which directly impacts the top line revenue a farm produces) it is likely land prices will continue downward through 2015. While I am not personally a buyer of farmland (yet), I began accumulating corn and wheat in mid 2014.
See Corn & Wheat Prices Destroyed: Buying Opportunity?
With many agriculture prices recently experiencing major declines (which directly impacts the top line revenue a farm produces) it is likely land prices will continue downward through 2015. While I am not personally a buyer of farmland (yet), I began accumulating corn and wheat in mid 2014.
See Corn & Wheat Prices Destroyed: Buying Opportunity?
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