NCREIF: Farmland index posts largest first-quarter increase since inception

The total first-quarter return for the National Council of Real Estate Investment Fiduciaries Farmland index was 5.44%, comprising 4.42% appreciation and 1.02% income return. According to NCREIF, it is the largest first-quarter return since the index began tracking farmland returns in 1991. The trailing four-quarter return for the index through Q1 was 20.47%, the highest since 2006.