The first quarter of 2025, the Seventh District, comprised of our Midwest states of Illinois, Indiana, Iowa, Michigan, and Wisconsin, saw farmland values 1% higher than a year ago. “Values for ‘good’ agricultural land in the first quarter of 2025 were 4% higher than in the fourth quarter of 2024.” Learn more in the Federal Reserve Bank of Chicago AgLetter, No. 2008, May 2025 – AgLetter No 2008 May 2025
