Prepare for land prices

03/14/2012 - 03/23/2012

Whether driven by economics or emotion, the farm land value climb in Indiana's not going to change anytime in the near future, a recent survey there shows.


A survey conducted with Indiana farm managers and rural appraisers last month shows that the increase, which was pegged by the Chicago Federal Reserve Bank branch at 22% for much of the Corn Belt over the last year, shows most (48%) see the the climb continuing at least the next 5 years, while 31% said there would be no change and 21% said values would decrease.

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