The Chicago Federal Reserve reports increases in farmland values are starting to slow across the Midwest.
Policy advisor David Oppedahl tells Brownfield values in the second quarter were up nine percent from last year and had the smallest year-to-year gain since the beginning of 2021.
“We’re starting to see some tailing off from the very, very strong markets, but still not anything close to what we experienced say from 2014 through 2020,” he shares.
