National Ag News
K.C. Fed: Slump in farmland values continues
Feb 10, 2017, 12:39 PM
by
System
Farmland values in the Federal Reserve’s Tenth District—the Kansas City district—were down an average of six percent in the fourth quarter of 2016 compared to a year earlier.
But Federal Reserve economist Cortney Cowley tells Brownfield the demand for high quality farmland, when it becomes available, remains strong.
“There’s even some places where they’re seeing really high quality land still go for higher prices than they even did last year,” Cowley says.
Continue reading K.C. Fed: Slump in farmland values continues at Brownfield Ag News.
