AgLetter Reports Midwest Farmland Values Mixed in the Third Quarter

According to the most recent AgLetter, Seventh District farmland values in the third quarter of 2018 were 1 percent higher than a year ago. However, values for “good” agricultural land in the third quarter of 2018 were 1 percent lower than in the second quarter.

Please see the attached for a full copy of the Chicago Fed AgLetter.

Click here to watch Chicago Fed senior business economist and AgLetter author David Oppedahl summarize this past quarter’s agriculture results in AgLetter In Perspective (2:20). (video embargoed)

The Federal Reserve Bank of Chicago will host its annual Agricultural Conference, "Agricultural Technology's Impacts on Farming and the Rural Midwest," on November 27, 2018 at the Chicago Fed.  Registration is required for all media representatives.

View the Agletter here.

Link: https://www.dairybusiness.com/wp-content/uploads/2018/11/Federal-Reserve-Agletter-november-2018.pdf