Quarterly surveys from Federal Reserve Banks confirm strong gains in farmland values.
Iowa State University survey pegs statewide average cash rent at $256 per acre.
A survey of land pros find Iowa cropland values soared 33% higher versus year earlier.
Annual ISPFMRA survey finds Excellent-quality farmland soaring 26%.
Union: New offer has modest modifications to offer voted down Nov. 2; Vote Wed.
Hurricane Ida caused "significant damage" to a Louisiana grain export elevator owned by Cargill Inc. Ken Erickson, Senior VP agribusiness with IHS market, says the Hurricane's potential impact on exports is huge.
Purdue University and CME Group report the Ag Economy Barometer dropped 20 points during May to a reading of 158 points, the lowest since September 2020.