Source: AGWEB, 8/3/18


While crop groups have sounded the alarm over U.S. trade wars, here’s one measure that shows part of the agricultural economy is still vibrant: U.S. farmland values just rose to a record. Average farmland values nationwide have increased 1.9 percent to $3,140 an acre so far this year from 2017, according to a report released Thursday by the U.S. Department of Agriculture. The gain signals that investors are focusing on farmland as a longer-term investment, and may consider the trade tensions to be short term.

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