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    When Do Farm Booms Become Bubbles?

    Brent Gloy (July, 2012)
    Summary

    As the rapid run up in agricultural incomes has been capitalized into farmland values, it has called into question whether the farmland market is responding rationally to the situation. In other words, do farmland prices reflect their underlying economic fundamentals or are they in a bubble? While farmland prices have increased across the United States, the most dramatic increases have been concentrated in the corn-belt region.

  • Details

    Organization
    Purdue Extension
    Publisher
    Purdue University
    Published
    July, 2012
    Material Type
    Written Material