Economists: Farmland demand might not be impacted by high interest rates

The Kansas City Fed says interest rate hikes may not have a major impact on farmland demand heading into next year.

Economists say Russia’s war in Ukraine, combined with strong farm income is influencing the demand for land. Nathan Kauffman says interest rates could change the minds of investors that had been purchasing ground. He says farmers are still in a strong financial position to make additional land purchases, but he warns things could change if commodity prices drop and expenses remain high.

Related Stories
Global food prices inched upward for the third consecutive month according to the latest FAO Food Price Index. While some Americans struggle to source their next meal, others are ordering high-priced food delivery straight to their door more than ever before.
The JBS Australia study documented the carbon footprints of 176 cattle farms that claimed to be implementing regenerative agriculture practices.