LOWER grain and livestock prices are a major factor in the current measured decline in land values.
Farm income has dropped 55% since 2013; however, the drop in income has so far not been accompanied by a drop in farmland values.
"Farmland values have, in many ways, defied expectations associated with lower crop values," said Nathan Kauffman, an economist who also serves as assistant vice president and Omaha, Neb., branch ex
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