As I have mentioned before, I love reading blogs, especially blogs about my passion, agriculture. A blog I follow, http://bigpictureagriculture.blogspot.com/, had this chart comparing land prices in different countries. I thought this was very interesting, and wanted to share it.
Agriculture is now a global industry. What happens in the industry across seas, effects farmers and consumers here in the U.S. Land prices that vary from country to country can affect markets and domestic farmers. In order for farmers to do business today, they need to stay informed about what the industry is doing in all parts of the world.
This makes me reflect on my background a bit. My family started raising cattle and crops four generations ago. It was a typical homestead then, milking cows, chickens, pigs, gardens, and horses. It was a farm that had a little of everything. What was on the farm sustained the family with what they needed to eat, with a little extra to form a livelihood. Now our farm has changed, the old hog barn is for storage. The vegetable garden is grass. The horse stalls in the barn have been removed, and now there is more room to provide shelter for the feedlot cattle. The upper level of the barn no longer holds small square hay bails, instead we hire someone to bail much larger bails for us. Many sheds which hosted a variety of species now hold high tech tractors or have been removed from the farm. Agriculture for my family is not only a way of life, or a way to sustain ourselves, but a business. It has been essential for my family to stay informed with what the industry is doing on both a domestic and international level.
Until next time,
|Country:||Price per Acre:||Land Description:||Price change last year:||Type of Risk:|
|New Zealand||$9,312||Dairy Farms||-3%||Economic|
|England||$8,907||Average all land types||+13%|
|United States||$6,478||Quality dryland
in cornbelt states
|Argentina||$6,072||Buenos Aires Province|
|Brazil||$4,858||Top sugar cane land in Sao Paulo||+24%||Political, Economic|
|Brazil||$2,834||Dryland double-cropping in
|Uruguay||$2,800-3,600||good farmland, with easy access to the transport system|
|Brazil||$2,429||Dryland double-cropping in
|Argentina||$2,024-$4,049||Central provinces||+10%||Political, Economic|
|Poland||$1,842-$3,289||Price dependent on size of holding||0%|
|Australia||$1,200-2,800||best wheat producing land|
|Australia||$648-$688||Dryland arable with reliable rainfall||+2%||Economic, Climate|
|Romania||$631-$1,315||Price dependent on size of holding||0%|
|Argentina||$486-$1,012||Northern provinces||+10%||Political, Economic|
|Zambia||$405-$607||Long Leasehold||Political, Climate|
|Russia||$121-$405||Price dependent on size of holding and progress of freehold application||-10%||Economic, Political|
|Brazil||$121||Native bush with high cattle potential in Para||+11%||Political, Economic|
|Ukraine||$61-142||5-10 year lease rights||0%||Economic, Political, Climate|