Missouri Farmland Values Up
Thu Feb 13, 2014 10:53 AM CST

(Dow Jones) -- Farmland regained value toward the end of last year in parts of the Southeast and Midwest, though bankers expect price declines to resume, according to a quarterly report Thursday from the Federal Reserve Bank of St. Louis.

Farmland values edged up slightly to an average $5,868 per acre in the fourth quarter of 2013, from the third-quarter average of $5,332 per acre, according to the report.

Farm income also increased in last year's fourth quarter from a year earlier in the St. Louis Fed's district, which includes Arkansas and portions of Illinois, Kentucky, Missouri and several other ...

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