IndianaLocalNews

Indiana farmland values continue to rise

(95.3 MNC)

Indiana farmland values continue to rise.

Recent data from the Seventh Federal Reserve District in Chicago shows that the value of good quality Indiana farmland continues to soar, increasing 29% year over year.

Inside Indiana Business reports that it’s the highest increase in the midwest region.

Farmland values in Indiana also increased 8%, compared to last quarter.

The data comes from interviews with bankers throughout the region. A majority of them expect prices to remain stable in the fourth quarter.

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1 comment

Charles U Farley November 15, 2022 at 2:58 pm

Farmland value didn’t rise that much, but the dollar amounts got bigger as the value of the dollar plummets thanks to the horrid economic policies of the Democrats.

It’s sorta like how your paychecks are getting bigger, but you can’t seem to buy as much as before…

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