Farmland, News Desk
- September 17, 2015
-
Views: 6
Farmland Values Stabilize in the Midwest

Farmland values in the Seventh Federal Reserve District were unchanged from a year before and actually rose 1 percent in the first quarter of 2015.
MIDWEST — FOCUS
The following conclusions are based on the responses of 234 agricultural bankers in the Seventh District.
According to the economic analysis of the Chicago Fed, “There was no year-over-year change in farmland values for the District as a whole in the first quarter of 2015 – in contrast to the slight decrease at the end of 2014.”
Almost half of the survey respondents predicted farmland values to decrease in the second quarter of 2015, while less than 1 percent expected farmland values to increase and 51 percent expected them to be stable.
Only 8 percent of the survey respondents reported higher demand to purchase farmland, while 46 percent reported lower demand. The supply of farmland for sale was also lower.
For a complete copy of the Seventh Federal Reserve District’s AgLetter, go to www.ChicagoFed.org.
Warning: Undefined array key 0 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34
Warning: Undefined array key 1 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34
RELATED ARTICLES
The Land Report Top Ten: Fall 2016
Legacy Springs Ranch ranks as one of the last great private holdings in Texas’s Highland …
Sold! Montana's 6,462-acre Scott Ranch
A lot of noteworthy closings taking place in and around Yellowstone County, Montana. Last week we reported on the sale of …
Legacy Landowners: The Salazar Family
My family has been in New Mexico and Colorado for a very long time. Oftentimes …
Elk Creek Ranch Acquires Seven Lakes
For those who are passionate about outdoor pursuits, the next great adventure can’t come soon enough.