USDA

2 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Oct 14, 2019 by Jay Girotto · across every show →

Everything said about USDA, oldest first

Oct 14, 2019 positive
Assertion Supported
Girotto: Farmland Values Dropped Only 4% in the 2008 Financial Crisis
“In the financial crisis, overall USDA, US farmland values went down about four percent. There was no interruption of the annual cash revenue streams that were coming out, so basically it was flat zero. Because it's the only asset class along with cash that did…”
Jay Girotto Oct 14, 2019 ▶ 8:30 Jay Girotto – Farmland Opportunity (First Meeting, EP.10)
Oct 14, 2019 neutral
Assertion Supported
Girotto: US cropland average cash yield is around 3%
“So it's in the low threes, three percent today. So if you look at just the USDA average cropland rental rate in the US divided by average cropland value, it's come down to about three percent.”
Jay Girotto Oct 14, 2019 ▶ 13:06 Jay Girotto – Farmland Opportunity (First Meeting, EP.10)
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