Farmland Index Construction Utility

This utility allows a user to estimate the current value of farmland based on an earlier valuation, or estimate a prior date valuation based on current values. This utility is useful for establishing historic basis, and to estimate realized rates of return through time. The utility uses USDA state level data on cropland and farm real estate values to calculate the rates of return over selected intervals and to index know farmland and cropland values to their analogs at different dates.