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

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

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

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

Farmland, News Desk

Food Costs Fall, and Farmland Values Follow

Shoppers in the Bronx’s famed Arthur Avenue are forking over less for salumi.

Not even the Cubs’ World Series victory could prevent the Corn Belt from enduring a fourth straight quarter of year-over-year declines in farmland values. – The Editors

NATIONAL — TREND
Only a few years have passed since commodity prices reached sky-high levels, stoked by a combination of droughts, deluges, the Renewable Fuel Standard, and epidemics plaguing livestock producers.
Over the last few years, America’s beef herd has increased in size, and a record-setting 15-billion-bushel corn crop is forecast for 2016.
The result is a boon for consumers, who have seen prices for foodstuffs such as eggs drop as much as 50 percent. Meanwhile, on the other side of the cash register, ag land owners have seen values trend downward as revenues and rents dropped.
MIDWEST — FOCUS
Of the 208 bankers who responded to the Seventh District’s survey, a majority predicted continued downward pressure on agricultural land values. Less than one percent predicted an increase in land values.
 

Download a complete copy of the Seventh Federal Reserve District’s AgLetter at www.ChicagoFed.org.

READ MORE

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
Please sign me up to receive breaking news and updates from The Land Report:
Print & Gift
Subscriptions Available

RELATED ARTICLES

Landmarks

Trump Orders Review of National Monuments Over Last Two Decades

Secretary of Interior to vet designations since 1996. President Donald Trump directed Secretary of the …

Sporting Properties

2019 Sporting Property Deal of the Year

Twice in the twenty-first century, LA BANDERA RANCH has come to market. Both times it …

Farmland

2017 Agriculture Deal of the Year

The nation’s largest publicly traded farmland real estate investment trust stayed true to its business …

Copyright © Land Report LLC. All rights reserved.

Contact to Listing Owner

Captcha Code