Pension-Owned Farmland Dips For First Time Since 2010
Farmland indexed by the National Council of Real Estate Investment Fiduciaries (NCREIF) dropped to 1.97 percent this quarter, down from 5.44 percent last quarter, even though farmland performance overall is trending upward. Year-on-year returns were also down slightly from 2.34 percent in Q2 2012, according to information found by Timothy Pollard, who created a chart that does a great job of showing the difference between seasonal change and overall trends.
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