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Trends in land values

Over the last five to ten years we have seen record prices in land sales.  Sterling Liddell with Rabo AgriFinance says the increase in land values has been supported by three main factors.  Liddell tells Brownfield’s Meghan Grebner high commodity prices, low-interest rates and the fact that land available for purchase is scarce support the high value land sales the industry has seen recently.  He says even though Rabo AgriFinance doesn’t call this a “bubble” that doesn’t mean there isn’t risk.

AUDIO: Sterling Liddell, Vice-President, Food and Agriculture Research, Rabo AgriFinance (5:09mp3)