Jumat, 15 April 2011

Kansas City Fed Reports on Farmland Sales in the Midwest

Rising farm incomes propelled farmland values higher at the end of 2010. Large year-over-year farmland value gains were seen across the Corn Belt and into the northern Plains, where energy production is booming. In fact, North Dakota enjoyed the strongest annual increase in farmland values largely due to land lease revenues from expanded oil production.Crop producing regions such as Northern