One of the nation’s chief banking regulators warns that U.S. farmland could be the next asset bubble at risk for bursting, according to Brownfield Ag News.

The chairman of the Federal Deposit Insurance Corporation, Sheila Bair, recommends farmland values should be closely monitored for signs of instability.  She says a sharp decline in farmland prices similar to the early 1980’s could have a severe adverse impact on the nation’s nearly 16-hundred farm banks.

Jim Farrell, the head of one of the nation’s largest farm management and real estate firms, Farmers National Company, says he understands those concerns.

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Source: Brownfield