(NAFB) Farmland values are softening in the Midwest, as agricultural economists say the market is moving in two different directions. The Chicago Fed reports values were flat in the second quarter of 2026, with increases in Illinois and Iowa and decreases in Indiana and Wisconsin.
Meanwhile, a new report in Nebraska shows farmland across all categories down one percent from a year ago. Farmland values are still high, as the state set new records in 2024.
University of Nebraska agricultural economist Jim Jansen said lower crop prices, elevated input costs, and interest rates remain the main pressure points…tape…