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Land Resources / News / Nebraska

Land is back in the picture

Source: Omaha World-Herald, by Pat Waters
October 17, 2010
From California nut groves to corn and soybean fields in Nebraska and Iowa, farmland is attracting intense interest and commanding record prices as farmers expand operations and investors look for safe and solid places for their money.

The frenzied activity, interest from nonfarm buyers and accelerating prices are reminiscent of behavior that contributed to the 1980s farm crisis. But experts say critical differences exist today, most significantly the fact that many buyers pay cash and lenders require more money upfront from buyers.

Read the complete article from Omaha World-Herald »

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