End of an Era?

Farmland Hits a Tipping Point

Actual Indiana farmland values should peak at mid-year, then trend downward as smaller farm incomes and steeper interest rates prevail over the next few years, Purdue University Economist Chris Hurt forecasts. (Chart courtesy of Purdue University)
The steep incline in farmland inflation since 2005 may be coming to an end. But rather than a swoon after record run-up, ag real estate could be in for a soft landing, ag economists say.

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