Farmland values expected to stabilize in 2023 | Agri-Pulse Communications, Inc.
Experts expect farmland values to plateau in 2023 in part because interest rates have risen from nearly zero to nearly 5% in less than a year.
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Experts expect farmland values to plateau in 2023 in part because interest rates have risen from nearly zero to nearly 5% in less than a year.
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Dan Sumner is a Distinguished Professor at the Agriculture and Resource Economic Department at UC Davis. He comments on the higher price of pistachios compared to other tree nuts.
Supply is now flooding the market in several states, economists say, depressing prices and decimating already-thin margins.
A supply glut in several states has depressed prices for legal pot, pushing small businesses into turmoil.