• Print
  • Email

AgLetter, No. 1932, May 2006
AgLetter: May 2006
Increases slowed in the second quarter of 2006 for the value of “good” agricultural land in the Seventh Federal Reserve District, while credit conditions generally declined. From April 1, 2006, to June 30, 2006, farmland values rose 1 percent, on average, for the District, based on a survey of 235 agricultural bankers. The year-over-year increase as of July 1 was 9 percent, below the annual increase for the second quarter of 2005. Almost three-quarters of the responding bankers expected farmland values to be unchanged in the third quarter, although 21 percent thought more increases are forthcoming.
Having trouble accessing something on this page? Please send us an email and we will get back to you as quickly as we can.

Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

Copyright © 2021. All rights reserved.

Please review our Privacy Policy | Legal Notices