Delays, Closings and Severe Weather - View All Alerts and Updates

Farmland Prices On The Rise

Indiana farmland values jumped by nearly 23-percent from 2010 to 2011.

Farmland

Photo: Dan Goldblatt/WFIU News

Despite the high prices, many farmers say they plan to acquire even more land in the near future.

A Purdue University study suggests many farmland investors plan to continue buying despite recent price increases. The report says Indiana farmland values jumped by nearly 23-percent from 2010 to 2011.

74-percent said they planned to buy additional land in the next five years. Nearly 250 farmers, farmland investors, agricultural lenders and agribusinesses responded to the survey, conducted in late February.

Nearly half of the respondents said their operation was primarily in Indiana, with most of the remaining respondents owning farmland in surrounding Corn Belt states. Their median farmland ownership was 500 acres.

Network Indiana

Network Indiana Indiana's Only Audio News Network. Network Indiana is dedicated to providing the state of Indiana important and useful information.

View all posts by this author »

What is RSS? RSS makes it possible to subscribe to a website's updates instead of visiting it by delivering new posts to your RSS reader automatically. Choose to receive some or all of the updates from Indiana Public Media News:

Support For Indiana Public Media Comes From

Search News

Stay Connected

RSS e-mail itunes Facebook Twitter Flickr YouTube

Follow us on Twitter

What is RSS? RSS makes it possible to subscribe to a website's updates instead of visiting it by delivering new posts to your RSS reader automatically. Choose to receive some or all of the updates from Indiana Public Media News:

Recent Business & Economy Stories

Recent Videos

Find Us on Facebook