Cattle Country Bankers More Optimistic than Corn Belt Bankers
Strong Cattle Prices Dominant Positive Driver of Land Values
Chicago Federal Reserve Quarterly Survey Finds Steady Land values versus Q2
Rural Mainstreet Index remains solidly in the red.
RMI Negative for Seventh Time this Year.
Update of Benchmark Farms Finds Gains in South
Semi-annual Survey Finds 1.2% Six-Month Decrease
$15 to $20 per acre decrease in 2026 cash rents projected
But Southern Regions Post Declines
Monthly survey of bankers finds growing pessimism

Mike Walsten

Mike Walsten has covered major business trends in agriculture for more than 35 years. From the southern corn leaf blight of 1970 to today’'s biofuels focus, he’'s lived, reported and analyzed the impact of volatile markets on farm and ranch businesses and on land prices. After growing up on a grain and livestock farm in Western Illinois, Mike graduated from the University of Illinois with an undergraduate degree in agriculture communications and a master’'s degree in business administration in the early 1970s. Since then he’'s covered business and management issues as well as price outlook and marketing issues in various positions with Farm Journal Magazine and Professional Farmers of America. He now applies his extensive background and analytical skills to today’'s surprising farm and ranch market as editor of LandOwner.