Are Farmland Values Leveling off Nationwide

accountMktgLSB | calendar-monthFebruary 11, 2026

Farmland values across the Midwest are holding historically strong, even as the market shifts into a more balanced, disciplined phase. According to Farm Progress, our Midwest reporting states from Illinois, Iowa, Minnesota, the Dakotas are seeing values stabilize near record highs, with buyers becoming more selective and quality-driven.
“Midwest farmland values remain historically strong heading into 2026” has been an encouraging and consistent headline. Our data reinforces this message: the market isn’t falling—it’s normalizing, with long‑term confidence and limited supply keeping values elevated. Read more from Farm Progress – Farmland values hold steady, reflect shift toward balanced market

Farm incomes across the Ninth District continue to fall

accountMktgLSB | calendar-monthSeptember 26, 2025

Farm incomes have been falling throughout the Minneapolis Fed’s Ninth District, which consists of our Midwest states of Minnesota, North Dakota, South Dakota, Wisconsin, as well as Montana. American Farmland Owner comparing the most recent report with one from a year ago, spots trends that have unfortunately come to fruition for farmers in the region. Learn more – Then vs. Now: What Federal Reserve Bank of Minneapolis Reports Tell Us about Farm Future