2022 U.S. cropland values hit record $5,050 per acre, up 14% from 2021

AgWeb/Sara Schafer/8-9-2022

“After a calm period in January in which the land market remained steady, sales prices took another jump as a result of the outbreak of war in Ukraine and ongoing inflation fears, he notes. Farmers saw stronger commodity prices and investors wanted a low-risk inflation hedging investment, which together propelled the competition for good cropland.”

USAGOLD note: It used to be the farmland and gold were often mentioned in the same breath as inflation hedges and stores of value. Maybe we will come around to that again……And farmers and ranchers, we can add from experience, are no strangers to gold and silver ownership.

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