Land values rise by 14% in the past year
The average value of farmland is rising at the fastest rate since 2014 as land prices increased by 14% over the year.
We are now in a situation reminiscent of the 1970s when inflation also soared. During such periods, investors often seek out assets classes that act as inflationary hedges. Gold is one, but farmland, which is a more tangible asset and subject to less price volatility, is arguably a better option.