Kansas may seem isolated but everything farmers do now days is connected to the worldwide markets. Following the trends may help you decide when is the best time to sell. More and more data is available these days on farmland values across the world. And the general news headlines at the various agriculture news outlets show that the consensus is that farmland values are going up nearly everywhere not just in the United States. Here's a quick look at some recent posts on the international market.
CANADA - Nova Scotia - Canadian Farm Values Increase by Atlantic Farm Focus of Canada. Increases were from 2-5% across the board - much less than the recent increases in the corn belt of the USA. Strong demand and limited supply are the reasons just as here in the states. High quality farmland is the highest in demand and lower quality parcels are having trouble selling.
RUSSIA - AgriMoney - Grain export ban dents rebound in Russian farmland - Farms can, unlike in Ukraine, also be bought outright rather than leased, although only through a Russian-based entity. Prices are $500 per hectare so they are attractive to investors but the export ban is causing issues.
BRAZIL - Reuters.com - Analysis: Brazil farms poised for record investment boom - this is very telling article because it focuses on all the benefits of good farm income - companies like John Deere and others will see record profits as adjuncts to the boom in farmland and farming profits.
Worldwide - Philly.com - Fertile ground for investors: Farmlands Yields on farmland can be quite good, and not just in crops. For investors, the opportunities are growing was the headline and discussed that the importance of worldwide food demand will continue to make farmland an attractive investment everywhere.
And the big news was Shiller yet again saying Go for Gold with Farmland - it's his only bullish call.
INVESTMENT NEWS - Farmland - Green acres best bet for making green, Yale's Shiller says Limited supply will drive prices of farmland up over the next decade; stocks will come a-cropper
And the bubble topic popped up again....this time probably due to lack of data or lack of full data. Check ou the analysis by AgWeb.com of this headline in local newspaper - Discount Newspaper Report On Farmland Bubble Burst In Minnesota. Mike Walsten covers all sorts of topics this week on farmland values including: Wall Street Advisor Talks Up Farmland As An Investment, Study Finds No Link Between Biofuels And Land Use In Other Countries, and Cropland Up 20% Central Plains, Fed Bank Survey.
And a very interesting note is this article talking about hedge funds and their ownership of farming operations. If you are considering purchasing farmland as an investment this is definitely worth your time to read.
New York Observer - Hedge Funds turn to Agriculture - Hedge Farm! The Doomsday Food Price Scenario Turning Hedgies into Survivalists
If you are thinking of selling your property in Kansas and need county farmland value information for Kansas please contact us for a free report.
