We often discuss the variables that play a role in farm prices, particularly grain prices and interest rates. However, there are many other factors that help shape the market as well and one of those is government programs. A recent article published on the University of Illinois Farm Doc Daily website highlights the impact of direct…
Tag: Land Value
Mixed Signals in the Midwestern Farmland Market?
To the casual follower of farmland price trends, reading recent articles about land values might seem confusing. One press release from Iowa, discussed the results of a state Realtors Land Institute survey that reflected an 11% price decrease from 2014 (click here for IA report). A similar survey in Illinois showed that values there were only down…