Aside from a brief pause during the “great recession” of 2009, Midwest farmland prices have been bubbling up for over a decade with annual price increases of 15%-30% in many years. Private Equity and low interest rates no doubt played a role in creating the farmland bubble as “excess cash on the sidelines” sought out investments in hard assets (see “Is TIAA-CREF Investing In Farmland A Harbinger Of The Next Asset Bubble?“). No matter the cause, data continues to