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The Bears Control the 2015 Indiana Farmland Market

Craig Dobbins and, Kim Cook (August, 2015)

Summary

Last year at this time there were signals that the boom propelling crop agriculture upward for ten years was running out of gas. Since then, the continued low grain prices have begun to influence things other than net farm income. Purchases of machinery, buildings, farmland, and other capital items have declined. There has also been a steady flow of reports about declining farmland values in the Midwest.