My colleagues at ISU CARD recently released a report, projecting that significant damages for the hog and ethanol industries. But there are three potentially good things to bear in mind:
- U.S. agricultural economy doesn’t necessarily move in tandem with the general economy; think about the boom during the 2007-08 financial crisis.
- Farmland values tend to be supported with lower interest rates, and now the Federal Reserve has made substantial cuts to interest rates.
- Farmland is often a long-term investment. The land market is still relatively stable and robust.