Farmland, News Desk

Farmland Values Spike in Midwest and Mid-South


Second-quarter numbers trend higher in the Eighth Federal Reserve District, which includes all of Arkansas and portions of Missouri, Mississippi, Tennessee, Kentucky, Indiana, and Illinois.The Editors

Using responses from 48 agricultural banks, the St. Louis Fed presented its survey of Agricultural Credit Conditions covering the second quarter of 2013. A selection of observations by some of these bankers follows:
Drought conditions are continuing in our area. Pressure on hay supplies is increasing, and sell-offs of livestock is ongoing.” – Arkansas
“Summer rains have helped forage production and the early hay crop. If the rains continue, it should relieve some feed cost concerns.” – Arkansas
Strong cash grain markets are keeping the mood positive for this year’s corn and soybean producers. Loan demand from good farm operators is weak due to their cash position. Many area farmers have greatly reduced debt the last few years and are reluctant to incur new debt.” – Illinois
Liquidity is getting tighter for us.” – Illinois
Cattle prices are up, which has increased farm income but also replacement costs. Crop prices are significantly lower than last year.” – Missouri
Click here for a complete copy of the St. Louis Fed’s Agricultural Finance Monitor.

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



2014 Farmland Deal of the Year

The multistate Proventus Portfolio totaling 13,450 acres in the Midwest, Delta, Southwest, and Rocky Mountains …


Colorado Water Rights All Wet

A new record was set for a key Northern Colorado water asset that was auctioned …


The American Landowner: Carole King – A Natural Woman

“If I can only learn the lesson of the seasons, of a balance re-arranging … …