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Cody Brandt

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Cropland Price Determinants and Risk Premiums

Cropland prices across the United States have appreciated at record levels in recent years. After a U.S. recession, in which a bubble in real estate prices was a factor, some have questioned if cropland prices are in a bubble. Schnitkey, Sherrick, and Kuethe (2014) show that the increase in cropland returns and the decline in […]

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