

US timberland values out-performed farmland in the third quarter of 2014, according to The National Council of Real Estate Investment Fiduciaries.
Timberland returned 0.74 percent, some 0.26 percent more than farmland, which netted 0.48 percent during the same period.
The farmland values were impacted by lower row crop prices during the summer, whereas the growing housing market’s reliance on wood would have supported timberland, according to a US investment manager.