« Pan-American free-trade in ethanol | Main | Celulose, ethanol and corn »

Ethanol drives farmland price inflation

According to the Londonist blog, demand for farmland in the Americas is pushing the price of this commodity up faster than it is rising in London.

Demand for corn used in ethanol increased the value of crop land 16% in Indiana and 35% in Idaho in 2006, government figures show. The price of a Soho loft appreciated only 12%, while a pied-a-terre in Islington near London's financial district gained 11%, according to realtors.

So if you want to get into farming to grow corn for ethanol, wait  for one of two bubbles to burst...

About

This page contains a single entry from the blog posted on February 20, 2007 1:34 PM.

The previous post in this blog was Pan-American free-trade in ethanol.

The next post in this blog is Celulose, ethanol and corn.

Many more can be found on the main index page or by looking through the archives.

Powered by
Movable Type 4.37

Click here to get your own player.