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News Link • Food

In Midwest, a farmland bubble may be growing

• Reuters

"If commodity prices plunge from the current levels and you think they're in a bubble, which I tend to think they are, there is risk" for agricultural banks, said Rochdale Securities analyst Richard Bove.

Grain prices are rising because of demand for grain-fed meat from emerging middle classes in India and China, and crop production problems globally, including a drought in Russia.


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