Consumer Energy Report is now Energy Trends Insider -- Read More »

Posts tagged “farm prices”

By Robert Rapier on Mar 11, 2008 with no responses

Farm Prices Headed North

What prompted my previous essay on the vicious circle that has been started was this story: Farmland prices continue to jump The latest results mirror a trend noted by the U.S. Department of Agriculture in an earlier report. USDA officials found that the average value of an acre of Wisconsin farmland, about $2,250 in 2002, had jumped to $3,366 in 2006, the last year for which data is available. That’s a nearly 50 percent increase. The appreciation was even more marked in the southwest corner of the state, where prices have increased fourfold in the last five years. Prices are “going through the roof,” said Ed Kraisinger, a real estate agent who markets farmland in Grant, Iowa, Lafayette and Sauk… Continue»