WWIS Header
Log in
updated 12:30 PM CDT, Oct 29, 2014

Farmland Value Increases

  • Written by Bob Gabrielson
  • Published in News

(11/19/13) Wisconsin kept up with the rest of the Midwest, as the values of most good-quality farmland increased between July-and-September.

  However, the upward trend is not expected to continue.  Twenty-one percent of bankers surveyed by the Federal Reserve Bank of Chicago expect farmland values to drop in the final quarter of the year.  The other 75-percent expect those prices to hold steady.  For now, however, Wisconsin's looking good.  The Federal Reserve Bank said the values of good agricultural land jumped by five-percent in the last quarter in both Wisconsin and Michigan.  Indiana had a two-percent increase, and Illinois one-percent.  Iowa reported one-percent drop during the third quarter of the year.  For the 12 months ending October first, Wisconsin had the region's fourth largest increase in values for good farmland, at 14-percent.  Indiana had the biggest annual jump at 17-percent followed by Michigan, Illinois, Wisconsin, and Iowa.  Bankers also reported better agricultural credit conditions for both the last year and the last year. 

32°F

Black River Falls

Mostly Cloudy

Humidity: 100%

Wind: 0 mph

  • 30 Oct 2014 53°F 26°F
  • 31 Oct 2014 43°F 24°F