Sample Essay on:
The Value Of Agricultural Land

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Essay / Research Paper Abstract

A 3 page paper that begins by explaining the two types of value related to agricultural land. The essay then discusses land development, i.e., construction of homes, and its effect on the value of agricultural land. Bibliography lists 3 sources.

Page Count:

3 pages (~225 words per page)

File: MM12_PGaglnd.rtf

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Unformatted sample text from the term paper:

has two types of values, one of which is its commodity value (Florida Stewardship Foundation, 2000). Commodity value is linked to the "dollar value of the crops it can produce, on the price per acre it will bring for development, and on its resale value once improvements are made" (Florida Stewardship Foundation, 2000). When valuing agricultural land, commodity value is typically used as the benchmark. This author suggests that agricultural land also has a resource value (Florida Stewardship Foundation, 2000). The author explains "land is an industrial input" (Florida Stewardship Foundation, 2000). Land is what makes production possible (Florida Stewardship Foundation, 2000). It is a resource that can be used for hundreds of years to produce food (Florida Stewardship Foundation, 2000). Agricultural land is a resource because it provides habitats for different species, it helps in water retention, and it "assists groundwater supplies" (Florida Stewardship Foundation, 2000). It also provides food for migratory species. So, agricultural land provides even more than the food that is essential to a nation. Lubowski (2005) also noted what he called the "amenity value of farmland." Lubowski (2005) cited basically the same resources, scenic views, open space and many of the same environmental aspects identified by Florida Stewardship Foundation (2000), which are not recognized as being valuable. Resource value is more stable than commodity value (Florida Stewardship Foundation, 2000). Commodity values change with the economy causing the value to increase and decrease as the market changes (Florida Stewardship Foundation, 2000). This author argues that states tend to recognize only the commodity value of land and as farmers are pushed out for the purpose of development, it loses all of its resource value (Florida Stewardship Foundation, 2000). Once agricultural land is changed to urban land, it can not be returned to farmland (Florida Stewardship ...

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