Farmland market parallels between now and 10 years ago

An extension ag economist looking at farmland values sees a lot of parallels between now and a decade ago when the market soared to new records.

Jim Jansen with the University of Nebraska-Lincoln tells Brownfield high commodity prices and low interest rates were drivers in 2012 and are driving land prices again.

“Also there’s been a little bit more of a push, or a little bit more of a concern on how to deal with inflation.