Friday, November 15, 2013

Chicago Fed 3rd Quarter 2013 Farmland Price Report

We'll have the reports for the 9th and 10th Districts next week.
Via Big Picture Agriculture:
Note that the Seventh District is made up of the northern portions of Illinois and Indiana, southern Wisconsin, the Lower Peninsula of Michigan, and the state of Iowa.
● On a year-over-year basis, farmland values in the Seventh Federal Reserve District gained 14 percent in the third quarter of 2013.

● On a quarterly basis, the District’s agricultural land values saw a gain of 1 percent in the third quarter of 2013 after recording no increase in the previous quarter.
...MORE