Fed: Bankers expect stable land prices

accountMktgLSB | calendar-monthFebruary 24, 2025

“An annual decrease of 1% in the Seventh Federal Reserve District’s agricultural land values in 2024 ended a four-year run of substantial annual gains.” Read more on our Midwest reporting states of Illinois, Indiana, Iowa, Michigan, and Wisconsin farmland values in this February 23, 2025 AgUpdate report – https://conta.cc/4hc85fP

Land Value Trends Revealed by 2024 Benchmark Farm Appraisals

accountMktgLSB | calendar-monthFebruary 20, 2025

Land values in our Midwest reporting states of Illinois, Minnesota, Wisconsin, Iowa and Indiana, “revealed a complex story of regional shifts, economic pressures and evolving buyer strategies.” Get the full story in Compeer Financials’ report, which consists of 53 benchmark farmland properties across the Upper Midwest monitored by their appraisal team – https://compeer.com/articles/land-value-trends-revealed-by-2024-benchmark-farm-appraisals

Midwest Farmland Values Down Slightly in 2024

accountMktgLSB | calendar-monthFebruary 14, 2025

The Federal Reserve Bank of Chicago’s AgLetter, No. 2007, February 2025 features farmland values for our Midwest reporting states of Illinois, Indiana, Iowa, Michigan, and Wisconsin. “An annual decrease of 1 percent in the Seventh Federal Reserve District’s agricultural land values in 2024 ended a four-year run of substantial annual gains.” Read their AgLetter: February 2025 report here – https://bit.ly/4hUHuVa

Download the full report here – https://bit.ly/42VR8mb

Scarcity of Farms on the Market Boosts Land Sale Values

accountMktgLSB | calendar-monthFebruary 6, 2025

Due to the lack of land on the market, farm real estate is still fairing well on the land sales market. Find land sales reports for our Midwest states of Illinois and Nebraska in this February 5, 2025 Farm Progress Report – https://conta.cc/3WIDm

2024 Farmland Values Stable, Market Shows Signs of Downturn Ahead | FCSAmerica

accountMktgLSB | calendar-monthJanuary 25, 2025

“For the first time, FCSAmerica, AgCountry Farm Credit Services and Frontier Farm Credit have released a joint land values report that includes appraisals for 93 benchmark farms and ranches in all or parts of eight states. The Associations update appraisals for their respective benchmark farms every January and July.” Below is Farm Credit Services of America –
6-month | 1-yr | 2-yrs | 5-yrs | 10-years on our Midwest reporting states:

  • Iowa: -2.80% | -5.10% | -4.80% | 52.60% | 38.60%
  • Minnesota: 1.60% | 1.60% | 4.70% | 80.90% | 58.70%
  • Nebraska: -0.60% | -0.40% | 7.30% | 52.80% | 27.10%
  • North Dakota: 0.80% | 0.80% | 8.30% | 73.20% | 71.40%
  • South Dakota:  5.70% | 9.50% |18.10% | 64.60% | 40.50%
  • Wisconsin: 0.00% | 0.00% | 14.80% | 30.80% | 38.00%

Find their full Report here: https://bit.ly/4jum2I8

Learning from past land sales cycles

accountMktgLSB | calendar-monthJanuary 15, 2025

This January 15, 2025 Farm Progress Report looks at the cyclical nature of the land market. What to expect in a new year land market can be aided by referencing parallels with historical land cycles. Learn more here – https://conta.cc/4jhjk8M

Land Use, Land Value & Tenure – Farmland Value

accountMktgLSB | calendar-monthJanuary 14, 2025

A positive and encouraging story unfolds on farmland value in this January 5, 2025 report by the USDA Economic Research Service. Nominal value of farmland has caught up to its inflation-adjusted value for the first time in history. See the full report for in depth details, key charts, and to learn why this matters. Read more here – https://bit.ly/3WfyUI5

What’s Driving the 3.1% Decline in Iowa Farmland Values?

accountMktgLSB | calendar-monthJanuary 13, 2025

Using the 2024 Iowa State University Land Value Survey and report from Peoples Company, Successful Farming helps answer this question. Find details to the positive and negative factors impacting Iowa farmland values. These same influencing factors are found in additional Corn Belt states, which include our Midwest states of Illinois, Indiana, and Ohio. Learn more here – https://bit.ly/4jdheqk

Outlook for Agriculture Land Values in 2025: A Delicate Balance

accountMktgLSB | calendar-monthJanuary 10, 2025

American Farmland Owner’s recent articles shares a collaborative outlook for land values across our Midwest states for 2025. “We see agricultural land values across the Midwest that could face a period of recalibration after several years of growth, according to experts who study trends in the industry.” The report includes authors of three publications, who share their thoughts and predictions on what could happen in the new year. Read more here – https://bit.ly/4a9aA0d