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Accession Number PB2013-102994
Title Trends in U.S. Farmland Values and Ownership. Report Summary.
Publication Date Feb 2012
Media Count 2p
Personal Author N/A
Abstract Farm real estate (land and structures) is the major asset on the farm sector balance sheet, accounting for 84 percent of the total value of U.S. farm assets in 2009. Because of this, changes in agricultural land values are a critical barometer of farm sector performance and the fi nancial well-being of agricultural producers. These changes also have implications for a wide range of policy issues, including agricultural competitiveness, industry structure, commodity programs, conservation payments, farmland protection, and local property taxes. In addition to being the largest single investment in a typical farmers portfolio, farm real estate is the principal source of collateral for farm loans, enabling farm operators to purchase additional farmland and equipment or to fi nance current operating expenses and meet household needs.
Keywords Agricultural economics
Financial management
Interest rates
Property values
Real estate
United States
Urban areas

Source Agency Economic Research Service
NTIS Subject Category 98B - Agricultural Economics
96A - Domestic Commerce, Marketing, & Economics
96F - Banking & Finance
Corporate Author Economic Research Service, Washington, DC.
Document Type Technical report
Title Note N/A
NTIS Issue Number 1306
Contract Number N/A

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