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Last Updated: 11/15/21


A quarterly newsletter on agricultural land values and credit conditions, based on data from the Bank's survey.

In the Latest Edition of AgLetter

Midwest Farmland Values Surged in the Third Quarter

According to the most recent AgLetter, Seventh District farmland values in the third quarter of 2021 were 18 percent higher than a year ago—the largest year-over-year gain in nine and a half years. Values for “good” agricultural land in the third quarter of 2021 were 6 percent higher than in the second quarter.

Historical Data

Data on credit conditions at Seventh District agricultural banks and on farmland values in the Seventh District are available for download as spreadsheets. Recent data for credit conditions are also available on the third page of the AgLetter.


Seventh District Credit Conditions
Seventh District Land Values 


Contact Us
David Oppedahl
(312) 322-6122
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Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

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