September 18, 2019

Ag Economy; and, Regulations

Agricultural Economy- Federal Reserve Reports

Jesse Newman reported in today’s Wall Street Journal that, “Farmland values in the U.S. Midwest remained mostly stagnant in the second quarter, the latest sign of a slowdown in the market after a multiyear boom, according to Federal Reserve reports on Thursday.

“The average price of farmland in the Federal Reserve Bank of St. Louis’s district, which includes parts of Illinois, Indiana and Missouri, dropped 0.4% in the second quarter from the previous quarter, the bank said [related graph].”