Forecasting Land Values
December 17, 2014
Dave Weber is in Vegreville today at a Cargill AgHorizons workshop talking about farmland value and management trends. As part of his presentation, Dave is discussing our land value forecaster that predicts farmland values. The model analyzes different variables that influence agriculture within combinations of multiple regression. The key drivers utilizes are the four year average gross farm revenue, interest rates, gross domestic product, and inflation. The model can apply different scenarios that result in land value predictions. To find out more about the land value forecaster or about the presentation in Vegreville, email Dave or call me at 403-882-4324.