Show the future of farm land and val values ue s comparison OF LAND VALUES WITH NUMBER HUMBER OF FARMER BANK W of I 1 E 1 PR ain 51 im X WM PRICE UNO UN YAW DECREASE AS M PER all 1012 al 1913 1213 11 idiot 17 wa j 1219 lai 1221 wa courtl ACRE em abo 0 SOO 0 s laa es go 10 i 70 MOO es MOO BO ss 50 1 2000 s I 41 45 ife s tsoo 3 s 1 1000 40 it y bouic soo 35 33 when farmers are making money on their crops the value of plow land few reverse the situation and the bankruptcy runs high and bankruptcies are line takes a upward turn what I 1 la a happening now farmer bankruptcies are on the Inc increase rOase land values are sliding down the scale due to the slump of agricultural prices since the war I 1 what does the future hold for farm land owners Is this the time to buy or sell foundation after completing a survey of the sears roebuck agricultural land values covering a period of sixty years predicts that high land values are coming back and that ithan a decade deen lie farm land prices will noll again be on the climb from the days of th e civil war to around 1000 farm land values showed little change land was considered a safo safe investment beginning to in 1000 tal lues begando to rise by 1010 1910 the acre price had doubled still land continued to rise chiefly because boca iise of the he advance in the prices of farm products the war brought higher prices for farm products crop values increased the result was a land boom by 1020 the average price of land per acre was 00 90 30 80 higher than in 1017 1917 lit at the opening of the war farm bankruptcies dropped from 2000 in 1017 to 1000 in 1019 during the prosperity period of the anvar many farms were bought during ali the e land boom it Is estimated that 10 per cent of the count rys farma changed hands following tho the war the th collapse in prices of grains and live stock sent land values tumbling for the first tinie time in twenty ove years average plow land decreased in value from an average of 00 per per acre in 1020 in 1023 1923 crop values per aero acre fell from 30 in 1910 1019 to 16 15 in 1021 during tho the past two years there has been a gradual ln increase cranse the average for 1022 bein 3 20 10 and last year the average rising to 22 farmer bankruptcy proceedings in the federal courts jumped from 1000 in 1020 to in 1023 more than 84 8 per cent odthe of alie laud land owners in 15 corn and ana wheat producing states in the upper mississippi valley lost their farms in twenty live flye years the united states should bo be producing on a domestic basis baaba in everything unless production makes material increases people are moving from the land then the farm to oel movement will reverse luelf land values will increase with the price levels bankruptcies Bankrupt cles will dorease decrease c with the rise in land values tho tha present tendency in prices Is down they may continue down for a decade during this time land prices may sag nar considerably but with a return of products prices of form farm land will go up |