Accurate information on land values is a consequential concern when prices are changing rapidly. This study compares USDA data and sales data from 1971-2011. While the land prices from these series move in similar patterns, there are periods of substantial differences. These periods show a...

Appraisers use puritan sales to estimate the ratio of prices for different types of land. However, puritan sales may be hard to find in areas where parcels contain upland, bottomland, meadow, pasture, irrigation, recreational land, and CRP. This paper uses regression to identify the value of...

With farm income at record, or near record levels, the overall agricultural production sector has fared well. However, in the current economic climate, instability and volatility in certain agricultural input markets caused by the U.S. macro-economy has put increased pressure on some sub-sectors...

This article discusses asset bubbles, the Kansas and Illinois land markets, estimates land values, and develops a land price/earnings ratio. Current land sales data are also examined. Finally, we examine relationships between land values and interest rates, inflation rates, and cash rents....