Farmland poised for more big gains in 2013

Flush with cash, many U.S. farmers have already become active this year in purchasing land or paying higher cash rents.

Because of the intense buying interests from farmers and institutional investors, farmland could see another 15%-20% jump in value in 2013, licensed farm managers, lenders and real estate brokers told a group of investors Monday.

The Chicago Farmers Group hosted the land value specialists at its monthly meeting in Chicago.