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AgLetter

Published regularly by the Chicago Fed since the 1940s, AgLetter is a quarterly newsletter on agricultural land values and credit conditions in the Bank’s Seventh Federal Reserve District, based on data from its survey. AgLetter is published quarterly on scheduled days.

Agricultural Sector

To learn more about the Chicago Fed’s work on agriculture, including additional data and publications, visit our Agricultural Sector pages.

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The information used in the preparation of this publication is obtained from sources considered reliable, but its use does not constitute an endorsement of its accuracy or intent by the Federal Reserve Bank of Chicago or the Federal Reserve System.

© 2026 Federal Reserve Bank of Chicago

AgLetter articles may be reproduced in whole or in part, provided the articles are not reproduced or distributed for commercial gain and provided the source is appropriately credited. Prior written permission must be obtained for any other reproduction, distribution, republication, or creation of derivative works of AgLetter articles. To request permission, please contact Han Y. Choi, editor, at 312-438-0015 or email Han.Choi@chi.frb.org.

ISSN 1080-8639

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