Farmland values in the Midwest posted their second-largest increase in 30 years in 2010, according to a quarterly report released Thursday by the Federal Reserve Bank of Chicago.
Agricultural land values in Iowa, Illinois, Indiana, Wisconsin and Michigan rose 12 percent in 2010. The report surveyed 212 agricultural bankers in the area. More than half said they expect farmland values to continue increasing in the first quarter of 2011. Get the full story »
