"Compared with other asset classes, farmland values haven't dropped so much. People feel pretty good about that," said Randy Hertz, vice president of Hertz Farm Management, an Iowa firm that manages farms in nine states, including Wisconsin.
The investment office at George Washington University, which manages the university's $1 billion endowment fund, is increasing its farmland holdings and expects to realize a 10% to 15% return on the investments, according to Hertz Farm Management.
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