Farmland values remain mostly steady across much of the Midwest, despite continued weakness in farm income.
Tim Koch with Omaha-based Farm Credit Services of America (FCSAmerica) says low interest rates and good demand for a relatively tight supply of farm ground continue to provide support.
“We haven’t seen a surge of real estate available for sale, really, across any of the Upper Midwest,” Koch says, “and, overall, while we have pockets of stress in agriculture, there’s still a lot of equity and a lot of liquidity in the ag sector.