“Market softness in agriculture, which has brought steep declines to crop prices, has spread to the farmland market, a survey showed, even as Westpac analysts warned over a commodities correction.”
“We are beginning to see some of the air exiting the farmland price bubble,” Ernie Goss, economist at America’s Creighton University said.
I have an article coming out next week that will put the grain and oilseed markets into perspective. I am bullish on the entire grain complex and farmland too for the next 20 years. You’ll see why next week.