American Farmland Owner reports on the New Federal Reserve surveys that show farmland values across the Midwest held steady or increased in 2025, reinforcing the strength of the region’s land market even as farm finances weakened.
For those following Land Sales Bulletin’s 10-state Midwest region—Illinois, Indiana, Iowa, Michigan, Minnesota, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin—the data highlights continued stability:
- Chicago Fed District: Farmland values up 6% year over year
- Indiana +9%
- Wisconsin +9%
- Iowa +7%
- Illinois +3%
- Kansas City Fed District:
- Non‑irrigated land: –0.3%
- Irrigated land: +1.2%
- Ranchland: +4.1%
At the same time, repayment challenges increased, more banks tightened credit standards, and interest rates—while easing—remain above long‑term averages.
Even with these pressures, Midwest farmland continues to stand out as one of the most stable assets in the agricultural economy. Read more: americanfarmlandowner.com
