“This has a tendency to raise land values, which in turn raises property taxes forcing farmers adjacent to the property to go out of business as they are forced to sell their land.”
Yes. We are going through that here. People from out of state, moving to Texas and paying 2-3 times the recent assessment value. Of course you cannot justify that on productive value of the farm land. Those moving to small towns in Texas are looking for a place to weather out the financial storm we are in. But facing fertilizer, fuel and chemical prices skyrocketing in multiple numbers, it makes dryland farming in Texas extremely difficult to be profitable at all.
My brother and I are seeing that happen to land that we own. But the appraised value of local home values are up hugely, and they are selling. Even those which are badly in need of repair are selling.
Probably going to disperse a plant virus that needs crops all over the country to properly disperse the pathogen. Not happy until 95% of us are dead.