Newsletter
Farmland values and credit conditions
Abstract: Although the droughts effects on the Seventh Federal Reserve District lingered, the year-over-year increase in agricultural land values only eased to 13 percent in the third quarter of 2012. In addition, there was a quarterly gain of 5 percent in the value of good farmlandactually much larger than the increase of the previous quarter. According to the 223 responses provided for the October 1 survey, the Districts agricultural land values were expected to continue rising in the fourth quarter of 2012.
Keywords: Agriculture; Federal Reserve District, 7th;
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Bibliographic Information
Provider: Federal Reserve Bank of Chicago
Part of Series: Agricultural Letter
Publication Date: 2012
Issue: Nov
Order Number: 1958