Before purchasing farmland read this great article from AgWeb.com….by John Blanchfield and the American Bankers Association’s Agricultural and Rural Bankers Committee (reprinted from AgWeb.com)
“Rising crop and livestock prices have generated significant profits for many farmers, which some are using to buy additional land. The increased demand has driven land values to record highs in some areas. The American Bankers Association’s Agricultural and Rural Bankers Committee, which is comprised of leading agricultural bankers in the country, has developed these recommendations for buying farmland.” Click here to see the rest of this article.