NEWS
Corn Belt Farmland Values Up 16% in 4Q
Fri Feb 15, 2013 09:31 AM CST

(Dow Jones) -- Farmland values in the heart of the U.S. Corn Belt continued to surge in the fourth quarter of 2012, and could climb even further as farmer incomes remain strong, the Federal Reserve Bank of Chicago said Thursday.

The price of "good" farmland during the fourth quarter was up 16% versus a year ago, and climbed 7% during the last three months of the year, the Chicago Fed said. The bank said 2012 marked the third straight year farmland values have climbed substantially, gaining 52% during that time.

Historically high prices for crops such as corn and soybeans ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Ample Stocks Ahead Drought recovery in many areas has led to higher stocks, brighter production prospects and modera...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Klinefelter: By the Numbers Deteriorating profit margins flip the fortunes of big renters and conservative owner-operators. I...
  • Training for Sustainability The Hmong American Farmers Association is helping producers who migrated to the United States fol...
  • Ask the Vet What are these crusty scabs on my cattle?
Related News Stories
Cash Rent Reset - 1
Iowa Land Gets a Bounce
Klinefelter: By the Numbers
The Great Water War
Midwest, Plains Farmland Values Lower
Something in the Water
WOTUS Document Dump
Nothing to Snort At
Cover Crops in Demand
PNW Ag Hit by Historic Drought