"US farmland prices set course for third year of decline"

As we've been saying for years, most recently in February's "USDA Chief Economist Makes A Case For Farmland ":




It's too early.
Even though we think we'll see some upward price pressure [on crops] come late
summer, after a meandering downtrend, the reality of farmland investment
is that it is only worth a multiple of the cash flow.
(unless you're on the edge of a metro area and have some
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