U.S. farmland values continue to sky, rising 25% Y/Y in Q3, the largest jump since 1977....

|By:, SA News Editor

U.S. farmland values continue to sky, rising 25% Y/Y in Q3, the largest jump since 1977. Individual sales offer even more of an eye-popper, such as a tract in Iowa that just went for $20K/acre as opposed to the state average of $5K-$6K/acre. "What happens if China suddenly isn't growing at 7-8%/year or India slows down," cautions economist Michael Duffy of Iowa State.