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
  • Enlist Cotton Approved USDA has made its final decision to deregulate Dow AgroScience's Enlist cotton trait, which means...
  • Market Moves Weaning and preconditioning top the list of aggravating and expensive chores for most ranchers. C...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Batten Down the Hatches Purdue economists forecast multiple years of negative or narrow margins for corn and soybean prod...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Woodbury: Farm Family Business Agendas don't always lead to immediate decisions, but can still cement your family unity.
  • Multi-Year Losses Spur Concern The recent price rally offered growers a welcome opportunity to price 2014 and 2015 crops, but it...
  • Ask the Vet The vet says my calf had Mannheimia. What is that?
Related News Stories
Cover Crops in Demand
PNW Ag Hit by Historic Drought
Covering Up
Conservation Compliance High
States Sue Over WOTUS
Farming With Friendlies
Rain, Rain, Go Away
WOTUS Fine Print
Crops Swim in Texas
Explore Your Roots