Corn Belt Ag Values Edge Slightly Higher in 2017

Corn Belt Ag Values Edge Slightly Higher in 2017

farmland17_fi

Published On: March 14, 20180.6 min read
Table of contents
Share Post


The Chicago Fed reports that a three-year slide in farmland values in the Seventh Federal Reserve District has come to an end. According to senior business economist David Oppedahl, an annual increase of 1 percent in nominal terms was recorded for 2017. After adjusting for inflation, however, the Seventh District actually experienced an annual decrease of 1 percent in farmland values last year. Although the real decline was the fourth in a row for district farmland values, it still has several years to go before it equals the rough patch in the 1980s when seven consecutive years of real declines were registered.
Click here to read more.

Stay in the loop

Subscribe to our free newsletter