Farmland Barometer Home » Farmland Barometer April 2011 » Summary
At Heartland Ag Group Ltd. - - we think farmland values have risen a little quickly. However - - farm earnings have followed. Most landowners will earn between 3% and 4% on their investment - - the traditional range. That fact alone tells us we are not in a bubble and farmland is secure. In reality we have just seen three years of land value increases condensed into a shorter time frame.
Watch the 2011 crop yields, commodity prices, the value of the dollar, and our ethanol prospects. If those continue as noted - - farmland prices will move higher. More later as the trend unfolds.
April 2011 Farmland Barometer
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