Dont Bet the Farm:
Assessing the Boom in U.S. Farmland Prices
Don't Bet The Farm: Assessing the Boom in U.S. Farmland Prices
A Symposium Hosted by the FDIC on Thursday, March 10, 2011
L. William Seidman Center, 3501 Fairfax Drive, Arlington, Virginia
Since 2000, U.S. farmland values have roughly doubled in nominal terms and have risen 58 percent after inflation. A favored asset class in an era of high commodity prices and ample liquidity, U.S. farmland is attracting heightened interest on the part of local farmers and international investors alike, pushing prices to all-time highs.
Is this another asset bubble similar to residential real estate or dot-com equities before it? Or does this represent a reordering of relative asset prices that reflects long-term changes in global economic fundamentals? Private sector risk management and governmental financial stability policy both require answers to these questions.
Panel experts will consider the rise in farmland values from the perspectives of agricultural operators, agriculture lenders, capital markets, financial regulation, and government agricultural policy. There is no cost for this event, but pre-registration is required and space is limited