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Re: wow_happens28 post# 271

Saturday, 05/14/2016 8:23:44 PM

Saturday, May 14, 2016 8:23:44 PM

Post# of 358
For The American Farmer "It's Death By A 1,000 Knives”- US Farmland Values Plunge Most In 30 Years
Submitted by Tyler Durden on 05/14/2016 18:28 -0400

http://www.zerohedge.com/news/2016-05-14/american-farmer-its-death-1000-knives”-us-farmland-values-plunge-most-30-years

Not so long ago, US farmland - whose prices were until recently rising exponentially - was considered by many to be the next asset bubble. Then, exactly one year ago, the fairytale officially ended, and as reported in February, US farmland saw its first price drop since 1986. It was also about a year ago when looking ahead, very few bankers expected price appreciation and more than a quarter of survey respondents expect cropland values to continue declining.

They were right.

According to several regional Fed reports released last Thursday, real farmland values in parts of the Midwest fell at their fastest clip in almost 30 years during the first quarter.


There is a lot to this article including charts at the link above...

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