Sep 21, 2014
Home| Tools| Blogs| Discussions| Sign UpLogin


Your Precious Land

RSS By: Mike Walsten, Pro Farmer

Mike Walsten has covered major business trends in agriculture for more than 40 years.

Fed Surveys Find Land Values Stabilized in 1st Quarter

May 21, 2009

Mike Walsten

Farmland values stabilized during the first quarter of 2009, according to recent surveys conducted by the Federal Reserve Banks of Kansas City and Minneapolis. The Kansas City Fed reported farmland values in its district held relatively steady after modest declines at the end of 2008. The survey said non-irrigated farmland values rose 1.4% during the first quarter while there was no change in value for irrigated land. Ranchland values, however, declined slightly by 0.9%.

The Minneapolis Fed's survey indicated ranchland values held steady during the first quarter while the value of non-irrigated farmland rose 1% and irrigated farmland rose 3%. The survey also indicated ranchland values dropped 3% in South Dakota and 4% in dairy-dependent Wisconsin.

We will cover these reports in-depth in the next issue of LandOwner Newsletter. If interested in seeing a copy of LandOwner, just drop me an email at landowner@profarmer.com or call me at 800-772-0023.

Log In or Sign Up to comment

COMMENTS

No comments have been posted, be the first one to comment.

Receive the latest news, information and commentary customized for you. Sign up to receive Top Producer's eNewsletter today!

 
 
 
 
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by AmericanEagle.com|Site Map|Privacy Policy|Terms & Conditions