AG FINANCE UPDATE: Farm Real Estate Values were Steady in 2024

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Graphic of RightRisk Media Post

For more information on the Tenth District agricultural economy via the RightRisk Newsrelease see: RightRisk.org/news.


AGRICULTURAL REAL ESTATE VALUES in the Midwest and plains states were flat through the end of 2024. According to Federal Reserve Surveys of Agricultural Credit Conditions, the value of nonirrigated cropland was generally unchanged from a year ago in most participating Districts. The more pessimistic outlook for agricultural land values coincided with tightening in farm financial conditions throughout the year. Farm income and liquidity in the region continued to decline at a sharp pace . . .

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