On This PageMarch 2013, No. 308

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Understanding Recent Trends in Midwest Farmland Leasing
Last Updated: 01/31/13

On November 27, 2012, the Chicago Fed hosted a conference to examine recent trends in farmland leasing and their impacts on agricultural lending. Experts gathered to analyze various kinds of farmland rental arrangements, different sources of income from farmland and shifting relationships between farmland owners and farm operators — all within the context of large and rapid rises in cash rental rates for Midwest farmland that lag the jumps in value of the land itself.