Farmland Prices Skyrocket as Industry Concerns Rise

Investors are snatching up hundreds of acres of farmland, driving up prices and leaving industry professionals concerned about the effects this boom will have on agriculture. California farmland has seen a $300 increase since last year, with the average cost per acre around $7,200. In some areas, like Tulare County, farmland is fetching $13,000 to $16,000 an acre. Read more (Western Farm Press).