Demand and value of farmland remains strong

IARN — Farmland values and demand remain strong. Farmland values across the country climbed this year and hit record levels despite challenges like rising interest rates and extreme weather according to recently released data from the federal government. The USDA’s annual land values study found farm real estate values increased 7.4 percent over the past year. And the Federal Reserve Banks of Chicago and Kansas City reported nine and seven percent increases, respectively.

For more on this story, visit the Iowa Agribusiness Radio Network.

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