RURAL LAND PRICES MIRROR COMMODITY VALUES

In studies done at Texas A&M to show the relationship of prices with these commodities, it was found that a change in oil and cotton prices particularly affected the price of rural acreage, with cattle and corn also affecting prices.  If prices of these are down, then over time, land prices will be down & the reverse is true if commodity prices rise.  Most folks who are in the rural land business already know this.