Ohio Farmers Union

Serving Family Farmers and Consumers Since 1934



United to Grow Family Agriculture Since 1934

  • About
    • The Farmers Union Triangle
    • Vision
    • OFU Leadership
  • Issues
    • 2020 Virtual Lobby Days
    • OFU Policy & NFU Policy
    • 2019 Lobby Day Registration
    • Get Involved!
    • NFU Climate Leaders
  • Education
    • 2019 OFU Essay Contest
    • Ohio Farmers Union Scholarships
    • Farm Safety
    • Renewable Energy Curriculum
  • Insurance
    • Hastings Mutual Insurance Co.
    • Health & Other Offerings
    • Ohio BWC Group Coverage
  • Join Us
    • Online Sign-Up
    • Member Benefits
    • Insurance
  • Blog
  • Events

NYT: Corn belt farmland prices still climbing

October 23, 2012 By Ron Sylvester Leave a Comment

This can’t be good for beginning farmers or families trying to keep their land together. From today’s New York Times:

Across the nation’s Corn Belt, even as the worst drought in more than 50 years has destroyed what was expected to be a record corn crop and reduced yields to their lowest level in 17 years, farmland prices have continued to rise. From Nebraska to Illinois, farmers seeking more land to plant and outside investors looking for a better long-term investment than stocks and bonds continue to buy farmland, taking advantage of low interest rates.

And despite a few warnings from bankers, the farmland boom shows no signs of slowing. Almost every year since 2005, except during the start of the recession in 2008, agriculture land prices have posted double-digit gains. In the same period, the Standard & Poor’s 500-stock index has had double-digit gains in only three of those years.

Read the Whole Story

Share this:

  • Twitter
  • Facebook

Filed Under: Blog Tagged With: Farm Land, Real Estate

Leave a Reply Cancel reply

  • Email
  • Facebook
  • RSS
  • YouTube

Latest News from the Ohio & National Farmers Union

2022 OFU Special Orders

Annual Policy Priorities For the eighty-eighth year, the Ohio Farmers Union has established the organization's public policy priorities at the … Read More

Ohio County Fair Schedule 2022

It's looking great for the first full, uninterrupted Ohio fair season since the beginning of the pandemic. Of special note, the Ohio State Fair will … Read More

Rural Broadband Gets Win in Ohio Budget

State Senators Matt Huffman, R-Lima, and Matt Dolan, R-Chagrin Falls, tried to kill $90 million for rural broadband expansion, yet the Ohio … Read More

State Legislators Listen – Rural Broadband Back in Ohio Two-Year Budget

In a pleasant surprise for rural Ohio, the biennial budget was agreed to Monday with Gov. Mike DeWine's full $250 million funding request for rural … Read More

Check Out the Entire Blog

NATIONAL FARMERS UNION

Click to Take Action



Contact

Ohio Farmers Union
P.O. Box 363
1011 N. Defiance Street
Ottawa, Ohio 45875
Phone: (419) 523-5300
Toll Free: (800) 321-3671

Copyright Ohio Farmers Union© 2023 | Site by: RCS Communications