Friday, May 27, 2011

RISKY TIME FOR FARMLAND VALUES

(Omaha World-Herald) -- Omaha.com reports, "Nebraska's cropland could lose half its value if interest rates rise and grain prices fall," two Federal Reserve economists said in a publication Monday. Farmland prices reached records at the end of 2010, with average increases of nearly 18% in Nebraska 17.6% in the past year. "Since 2004, the USDA estimated, farmland prices are up 40%."

http://omaha.com/article/20110524/MONEY/705249971#risky-time-for-farmland-values