date:Jul 31, 2012
ected to stay low through at least the first half of 2014, likely fueling rising values through that time.
In addition to implications for cheap capital for making long-term land investments, low-yielding treasuries enhance the attractiveness of land compared to alternative investments, the report shows. Agricultural land rental rates have surged over the past year, providing support for higher mortgage payments. While this has more long-term implications, in the short term, increased rental val