Posted 7/21/2016 07:06 (#5422939 - in reply to #5422891) Subject: RE: Thoughts on crop land values
Cambridge, southwestern Nebraska
Long term interest rates are very low. Until those rates move up which I don't think will happen any time soon land prices will be propped up to some extent. We have already seen about a 20% drop in land prices around here but seem fairly stable for now. Interest rates in the 80's were killers for land prices.