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The land market 2007 the last six months

By: Language: English Series: Farmland Market ; (69) Summer 2008, 4-5(2)Publication details: 2008Subject(s): Summary: Article looks at the significant increases in the value of the rural land market over the last six months of 2007 (27.9% overall). Factors affecting this included rising commodity prices, changing attitudes towards food production and an imbalance between supply and demand. Suggests that early indications of a 10-15% increase in rural land values for 2008 might be overly conservative considering current market conditions.

Article looks at the significant increases in the value of the rural land market over the last six months of 2007 (27.9% overall). Factors affecting this included rising commodity prices, changing attitudes towards food production and an imbalance between supply and demand. Suggests that early indications of a 10-15% increase in rural land values for 2008 might be overly conservative considering current market conditions.