Latest News From Mike Walsten

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Rural Bankers Note Surge in Loan Volume, Slowing Economy

The Rural Mainstreet Index finds loan volumes up on increased input costs.

Fed Banks Report Sharp Gains in Farmland Values
Fed Banks Report Sharp Gains in Farmland Values

Quarterly surveys from Federal Reserve Banks confirm strong gains in farmland values.

Iowa Average Cash Rent Surges 10% to $256 an Acre
Iowa Average Cash Rent Surges 10% to $256 an Acre

Iowa State University survey pegs statewide average cash rent at $256 per acre.

Iowa Farmland Soars 14% Higher in Past Six Months
Iowa Farmland Soars 14% Higher in Past Six Months

A survey of land pros find Iowa cropland values soared 33% higher versus year earlier.

Nebraska Farmland Jumps 16%
Nebraska Farmland Jumps 16%

Annual survey find 16% gain in Nebraska farmland values

Excellent Illinois Farmland Values Soar 26%
Excellent Illinois Farmland Values Soar 26%

Annual ISPFMRA survey finds Excellent-quality farmland soaring 26%.

Rural Bankers Remain Optimistic but Expect Decline in Grain Prices
Rural Bankers Remain Optimistic but Expect Decline in Grain Prices

Monthly rural banker survey finds plenty of positives but worries about input costs.

Plains Farmland Prices Jump More Than 20%
Plains Farmland Prices Jump More Than 20%

Kansas City Fed finds new highs posted in Central Plains farmland values.

Corn Belt Farmland Values Soar 22%
Corn Belt Farmland Values Soar 22%

Quarterly survey in ag bankers in Illinois, Indiana, Iowa, Wisconsin finds strong gains the farmland values.

Rural Bankers: Soaring Farm Input Prices Greatest Threat for 2022
Rural Bankers: Soaring Farm Input Prices Greatest Threat for 2022

The Rural Mainstreet Index is above growth neutral for the 14th straight month.

Texas Ranchland Surges 25%
Texas Ranchland Surges 25%

The quarterly survey conducted by the Federal Reserve Bank of Dallas finds strong gains in Texas ranch and cropland.

FNC: Farmland Prices Up 15% to 35%
FNC: Farmland Prices Up 15% to 35%

Farmers National Company reports farmland values surged in the last half of 2020.

RMI Survey: Farmland Prices Climb to Record High, Again
RMI Survey: Farmland Prices Climb to Record High, Again

Creighton University's RMI shows strong rural economy

Iowa Farmland Prices Explode 29% Higher
Iowa Farmland Prices Explode 29% Higher

Annual ISU survey finds an average acre of Iowa farmland rocketed 29% in 2021.

Record High Farmland Prices in Eastern Corn Belt
Record High Farmland Prices in Eastern Corn Belt

Sixteen auctions in a month saw new records posted in price per productivity index point.

RMI Survey: Farmland Prices Climb to Record High
RMI Survey: Farmland Prices Climb to Record High

Monthly banker survey finds strong farmland values

Central Corn Belt Farmland Values Soar 18%
Central Corn Belt Farmland Values Soar 18%

Federal Reserve Bank of Chicago notes strong farm incomes have translated into an 18% jump in farmland values.

Central Plains Farmland Values Surge 15%
Central Plains Farmland Values Surge 15%

Third quarter bank survey finds rocketing land values, banker optimism

Rural Bankers: Farmers in Solid Cash Position
Rural Bankers: Farmers in Solid Cash Position

Monthly survey finds bankers turning pessimistic for 2022.

Texas Dryland, Ranchland Continue to Mark Double-Digit Gains
Texas Dryland, Ranchland Continue to Mark Double-Digit Gains

Quarterly Fed Bank survey finds strong demand for rural land.

Iowa Cropland Values Surge 19%
Iowa Cropland Values Surge 19%

The semi-annual survey of Iowa land professionals finds strong gains in values for all types of farmland.

Bankers Report Record Farmland Price Index
Bankers Report Record Farmland Price Index

80% of rural bankers in 10-state region say elimination of step-basis will have negative impact on mainstreet economies.

Illinois Farmland Values Jump 20%
Illinois Farmland Values Jump 20%

Survey finds impressive gains in Illinois farmland values for all classes of farmland

Survey Finds Continuing Strong Rural Economy
Survey Finds Continuing Strong Rural Economy

Rural Mainstreet Index finds ninth consecutive month of above growth neutral reading on rural economies.

Bankers say to evaluate each piece of ground to see if it adds to profitability
Fed banks highlight double-digit gains in farmland values

Farmland values are soaring. Now the Federal Reserve Banks of Chicago, Minneapolis and Kansas City are putting numbers on the annual gains.

USDA Marks 7% Surge in Farm Real Estate
USDA Marks 7% Surge in Farm Real Estate

USDA's finds U.S. cropland values reach new high.

Indiana farmland prices hit record high in 2021
Indiana farmland prices hit record high in 2021

Annual June survey finds Indiana farmland values exceed old highs set in 2014.

July Rural Mainstreet Index Shows Strong Rural Economies
July Rural Mainstreet Index Shows Strong Rural Economies

Monthly economic condition survey finds continuing strong growth in rural areas of the Midwest.

Willow Glenn Plantation in West Columbia benefits from a state program aimed at conserving land. 
Texas ranchland, dryland cropland post double-digit gains

Quarterly survey of ag bankers finds optimism across Texas.

Rural bankers note strong local economies
Rural bankers note strong local economies

Nearly half of rural bankers report their local economy grew in May to June.

Competitive Bidding Pushes Land Prices Higher
Competitive Bidding Pushes Land Prices Higher

Farmers National notes strong gains in farmland values since Jan. 1.