Agricultural land values in the Midwest rose by an average of 5% during the past year, the smallest gain in three years, said ag bankers taking part in a Chicago Federal Reserve Bank survey.
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When the Federal Reserve governors prepare to meet every six weeks or so to consider where interest rates should be, their meeting is always preceded by the Federal Reserve issuing
As harvest gets underway, grain supplies are more plentiful, and prices for corn and soybeans will likely soften further, as they have been since earlier this year.
Farmland values rose slightly year-over-year and from the first to the second quarter of 2023 in the Seventh Federal Reserve District, according to a survey.