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FEB 12, 2013 - Business Insider

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SHILLER: Farmland Lacks One Telltale Sign That Would Make It A Bubble

Talks of a farmland bubble have been in the headlines for at least a year. In 2011 Project Syndicate column, economist and bubble-expert Robert Shiller had warned that farmland was his "favorite dark-horse bubble candidate for the next decade or so". For now, Shiller isn't convinced that it's a bubble. In an interview with CNBC, he pointed out that farmland was missing some tell-tale signs of a bubble. "Why don't people talk about that (farmland bubble). Especially in the Midwest just last year farm prices were up over 20 percent. It doesn't have all the hallmarks of a bubble. One of them is ... Read More

Tags: SHILLER: Farmland Lacks One Telltale Sign That Would Make It A Bubble,  Biofuels Latest News