corn field under bright blue sky Kenneth Schulze/iStock/Thinkstock

Farmland values stabilize in Midwest

Higher livestock revenues may have helped buoy agricultural land values in Iowa and Wisconsin.

Farmland values for the Federal Reserve Bank's Seventh District, which includes the states of Iowa, Illinois, Indiana, Wisconsin and Michigan, increased 1% from a year ago during the second quarter of 2017. This was the first year-over-year gain in three years.

Additionally, “good” agricultural land values in the district moved up 1% from the first quarter to the second quarter of 2017, according to results from a survey of 186 agricultural bankers reported in the latest "

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