TIAA-CREF Center for Farmland Research

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A new partnership focused on farmland research, data and education

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Farmland Markets - Comparing the 1980s and the Present

There has been a recent increase in the number of inquiries received asking about the current farmland market, and potential parallels to the early 1980s; and about precursor indicators of the farmland value declines in what is often termed the farmland crisis of the 1980s.  This line of questions is not new as there have been suggestions about the potential for a farmland bubble from notable commentators and in sponsored events for several years now.  In particular, technical comparisons and apparent pattern similarities have been highlighted and used as warnings for the potential for a farmland bubble, while the market for farmland has remained strong.