Land Inflation Is No Cushion

Paper Wealth Can Vanish

Purdue economist Mike Boehlje takes little comfort in agriculture's high net worth position because too much of industry wealth is concentrated in land. (DTN file photo by Marcia Zarley Taylor)
Purdue economist Mike Boehlje takes little comfort in agriculture's high net worth position because too much of industry wealth is concentrated in land. (DTN file photo by Marcia Zarley Taylor)
U.S. agriculture overestimates its tolerance for another shock in land prices, Purdue economist Mike Boehlje says.

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