The Latest from Western Farm Press
Farmland prices have not fallen during the recent troubled economic times.USDA indicated that prices of farmland per acre were relatively stable between 2008 and 2010: $4,850 in 2008, $4,670 in 2009, and $4,820 in 2010.The last time farmland prices declined was during the agricultural financial crisis of the mid-1980s. During this crisis, average farmland prices decreased from $2,023 per acre in 1981 to $1,149 per acre in 1987, a decline of 43 percent over a five-year period.
Contract | Last | Change | High | Low | Open | Last Trade |
---|---|---|---|---|---|---|
Mar 25 Corn | 484.25 | +9.75 | 485 | 474 | 474 | 07:19 PM |
Mar 25 Oats | 362.5 | +12.75 | 366 | 345.5 | 348.75 | 07:19 PM |
Feb 25 Class III Milk | 20.18 | +0.12 | 20.22 | 20.02 | 20.03 | 07:54 PM |
Mar 25 Soybean | 1034 | +15 | 1039 | 1019 | 1019 | 07:19 PM |
Mar 25 Feeder Cattle | 268.05 | +0.325 | 269.1 | 266.05 | 267.475 | 07:04 PM |
Feb 25 Ethanol Futures | 2.161 | unch — | 2.161 | 2.161 | 0 | 06:00 AM |
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