USDA released their Land Values Summary last week showing farmland values across the Corn Belt continued to show steady appreciation, though at a more moderate pace compared to the rapid gains of prior years.
“The sixth consecutive year of increasing values across the board, but maybe a bit of a slowing in terms of that increase. We saw a little bit of a slowdown in those increases last year.
Lance Honig of the National Agricultural Statistics Service explains what’s in the report…