Where will land prices be in 10 years?

Read Also ‘Am I better off to pay more for land right next to me, or pay the right value for land that’s farther away?’ – Pascal Thériault.‘Am I better off to pay more for land right next to me, or pay the right value for land that’s farther away?’ – Pascal Thériault. J. P. Gervais: What makes farmland so expensive right now isn’t just the price per acre; it’s interest rates and the revenue that farmers are getting from that land that’s made the price of farmland the highest it’s ever been. JPG: Looking to the future, I don’t think we can expect land values to continue going up and exceeding the pace of increases in farm income; it’s not sustainable.