Farmland values continued strong growth in 2022 in the Seventh Federal Reserve District that includes Illinois, Iowa, Indiana, Michigan, and Wisconsin, an economist wrote.
Across the Midwest, farmland prices have risen sharply from last year, in part because of high commodity prices and a global food shortage. The highly competitive market, which often includes investors, can make it difficult for young farmers to grow their businesses.
Across the Midwest, farmland prices have risen sharply from last year, in part because of high commodity prices and a global food shortage. The highly competitive market, which often includes investors, can make it difficult for young farmers to grow their businesses.
Land prices in the “Big I” states of Iowa, Illinois, and Indiana began to moderate between the first and second quarter of 2022 as Illinois held steady, Indiana rose 1%, and Iowa gained 4%. “Thi,Hoard's Dairyman Intel
Across the Midwest, farmland prices have risen sharply from last year, in part because of high commodity prices and a global food shortage. The highly competitive market, which often includes investors, can make it difficult for young farmers to grow their businesses.