Factors Affecting Farmland Values in the United States, September 1968

(1968) Factors Affecting Farmland Values in the United States, September 1968. Iowa State University

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Abstract

Before 1950, economists had become conditioned to a close relationship between net farm income and farmland value. Farmland values and net farm income increased from 1940 to 1950. But during the early 1950's, farmland value continued to increase in spite of a declining net farm income. This phenomenon raised the question of what are the major factors affecting farmland values. The primary goal of this study was to identify the major factors affecting farmland values and to estimate the effect of these variables.