I have heard a few rumors that some recent (last five years or less) farmland investors are selling some of the land acquired in the last few years. I am not saying it is wrong, as I find that interesting and shouldn’t be surprised that on the first possible blip downward some are jumping ship and looking elsewhere. I suppose they have captured a pretty good return considering the appreciation seen over the last several years, so why not take your profits while you can. What I don’t know is the motivation for the sale. What I do know is I remember just a few short years ago land hit $3,000/ac and some investors sold as they had bought in the low $2,000/acre. I also remember a farm family selling when land hit $4,000/acre as land can’t get any higher. This is easy for me to say as I was not an active participant in the farmland market of the 1970’s followed by the 1980’s, but I just don’t see what has changed in the long term fundamentals of the farmland market. Hind sight is 20/20 and like everything else time will tell if it was a wise move or not.