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Agricultural Resources: Agricultural Land Values. Situation and Outlook Summary, May 1993

机译:农业资源:农地价值。情况和展望摘要,1993年5月

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The per acre value of U.S. farm real estate rose slightly over 2 percent during 1992, the sixth consecutive increase since declines ended in 1987. As of January 1, 1993, the value of farmland and buildings averaged $700 per acre, 17 percent above the 1980's low of $599 in 1987, but 15 percent below the record $823 in 1982. Value increases have leveled off in the 1990's, averaging 1 to 2 percent annually. However, regional and State value changes continue to show more variation. The inflation-adjusted per acre value of U.S. farm real estate was basically unchanged from January 1992. Real values have trended lower since 1981, and are currently 49 percent below the 1981 peak.

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