The latest Rural Mainstreet Index shows the Midwestern farmland price index increased in April.
Creighton University economist Ernie Goss says the index rose to a solid 56.5 from 56.0 last month. “Farmland prices continued to expand for the 53rd straight month,” he said. “That’s good news in the sense that I think it’s reflecting the outlook for the farm sector long-term.”
He tells Brownfield the farmland market isn’t showing signs of slowing down despite weaker economic conditions.
