Land
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Farmland as an Investment
Fortune magazine just had a interesting article on farmland being a great investment, both in today’s environment over the last 5o years. Part of the article was about investing in US farmland and part was about investing in farmland internationally. I think the themes in the article hold true. We will always need to eat and […]
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Farmland Values Drop for the Quarter
The Federal Reserve Bank of Chicago reported that for their district (Illinois, Indiana, Iowa, Michigan and Wisconsin) farm land values dropped 6% from the previous quarter (the largest drop for a quarter since 1985). Also, the year-over-year increase in farmland values was up only 2% for the first quarter of 2009. The drop ranged from […]