Farm Real Estate and Cropland Soar

by: Market Folly

In a complete 180 from my post yesterday about the anticipated rise in foreclosures, I want to highlight a real estate market that is actually bullish: farmland. We all knew the agriculture boom was affecting all aspects of the business. But, with charts from Mark J. Perry's blog, we can see just how big of a boom farmers are experiencing. I'll let the pictures do the talking.
 

Average Farm Real Estate Value

(click to enlarge)



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