From Farm Policy News: In a recent update from the Federal Reserve Bank of Kansas City (“Farmland Values Stay Resilient as Farm Economy Moderates“), Francisco Scott and Ty Kreitman indicated that, “Strength in farm real estate values persisted in the second quarter despite some moderation in the farm economy and higher interest rates.
“Growth in farmland values eased from the surge of recent years, but remained strong through the first half of 2022.
Scott and Kreitman noted that, “Farm income moderated in all the participating Districts during the second quarter. Following nearly two years of considerable strength, improvement in farm income waned according to Federal Reserve Surveys of Agricultural Credit Conditions.”
