BUTLER/CUNNINGHAM

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click here to contact Mike Polioudakis, site developer

polioej@acesag.auburn.edu

Level 2

Ag Facts for US:

Land Value

Selection of Similar Pages

The value of land in Alabama will be taken up in greater detail on the web page for state agricultura facts. Summary data on the value of agricultural land in the US (including Alabama) is conveniently presented in a series of maps.

The first map referenced in the cluster at left shows the average value of farm real estate in 1999.

The second map shows the percentage change in farm land value in two periods, from 1987-1999 and from 1998-1999.

The third map shows the elasticities of land value. Elasticities indicate how rapidly land values are likely to change (or how stable they might be) in response to standard changes in the markets for land or other commodities.

The fourth map shows the net cash return per acre by county. This map is difficult to read but careful attention shows how the cash return might, or might not, underly the land values of other maps. Where cash return does not underly land values, other factors are at work such as proximity to suburban markets or speculation.