Farmland Prices in Brazil More than Doubled in the Last Three Years
Автор: farmdoc University of Illinois
Загружено: 2023-05-02
Просмотров: 3458
Описание:
Farmland prices in Brazil have increased significantly over the last 3 years, driven by the combination of higher net farm income, low-interest rates, and strong demand from investors. The record appreciation of land has been driven by high commodity prices, robust global demand, and a favorable exchange rate for Brazilian exporters – leading to positive operating margins for corn and soybeans, despite high costs in agriculture. This article presents an overview of farmland prices in Brazil since 2019 and perspectives for the future under an economic scenario with higher interest rates and lower commodities prices.
Colussi, J., G. Schnitkey, N. Paulson and J. Baltz. "Farmland Prices in Brazil More than Doubled in the Last Three Years." farmdoc daily (13):79, Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign, April 28, 2023.
https://farmdocdaily.illinois.edu/202...
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