U.S. Farmland Values Rise the Most in Nearly a Decade on Crop Prices
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High crop prices are trickling down to agriculture real estate, which have risen by the most in nearly a decade.
Farmland values jumped 18% from a year ago during the third quarter of 2021 in the Seventh Federal Reserve District, a five-state region including all of Iowa and most of Illinois, Indiana, Michigan and Wisconsin, according to the Chicago Fed.