Latest News From Mike Walsten

Survey Finds Illinois Land Prices Holding Steady-to-Up
Survey Finds Illinois Land Prices Holding Steady-to-Up

Annual report from Illinois Society of Professional Farm Managers and Rural Appraisers.

Rural Bankers Turn More Negative on Economy
Rural Bankers Turn More Negative on Economy

Monthly survey of rural bankers finds growing pessimism.

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Pessimism Grows Over Rural Economy

Rural Mainstreet Index slips deeper into the red.

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Rural Bankers Expect Recession in 2024

The RMI below growth neutral for fourth consecutive month.

Iowa Farmland Values Post 4% Gain in 2023
Iowa Farmland Values Post 4% Gain in 2023

Annual Iowa State University survey finds farmland values rose in first half 2023, plateaued by end of year.

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Northern Plains Bankers Note 7% Gain in Cropland Values

Third quarter banker survey notes declining incomes, still low loan demand and rising farmland values.

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Central Plains Bankers Note Firming Land Values, Declining Incomes

Kansas City Federal Reserve highlights district ag credit conditions.

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Rural Banker Confidence at Record Low

Monthly Rural Mainstreet Index finds record low banker pessimism.

Three I States See 5% Annual Gain in Farmland Values
Three I States See 5% Annual Gain in Farmland Values

Federal Reserve Bank of Chicago cites survey results from ag bankers.

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Rural Bankers Turn Sour on Economy

Monthly survey finds most negative attitude since May 2020.

Iowa Land Values Stall; Sharp Gains Disappear
Iowa Land Values Stall; Sharp Gains Disappear

Semi-annual survey of land professionals finds flattening in Iowa land values.

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Rural Bankers Turn More Cautious on Economy

Rural Main Street Index turns negative.

Illinois Farmland Values Steady to Slightly Lower
Illinois Farmland Values Steady to Slightly Lower

Farm managers' mid-year farmland price trend report.

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Rural Bank CEOs Report Continuing Losses of Deposits

Monthly Rural Mainstreet Index reflects impact of rising interest rates on bank deposits.

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Plains Farmland Values Rise Nearly 8%

Kansas City Federal Reserve Bank finds continuing strong demand for farmland despite declining profit margins.

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Central Corn Belt Farmland Values Rise 9%

Quarterly survey finds strong financial conditions in rural ag banks.

Indiana Farmland Values Rise 7%
Indiana Farmland Values Rise 7%

Annual survey highlights farmland prices and average cash rents across state.

U.S. Cropland Rises 8.1%
U.S. Cropland Rises 8.1%

USDA's annual survey finds 8.1% gain in average cropland values

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Rural Bankers Note 17% Farmland Purchasers Are Non-Farm Investors

Monthly survey finds rising optimism in 10-state ag economies.

Farm Real Estate Market Slows
Farm Real Estate Market Slows

Farmers National Company sites cooling in farmland market.

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Survey Finds Optimism Among Rural Bankers

Monthly Creighton University survey of rural bankers notes cautious optimism.

9% Rise in Average Iowa Cash Rent
9% Rise in Average Iowa Cash Rent

Annual ISU survey highlights cash rents paid for 2023.

Rural Bankers Note Deposit Decline, Flattening Farmland Prices
Rural Bankers Note Deposit Decline, Flattening Farmland Prices

10-state snapshot of rural economies finds steady improvement but growing concerns.

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Plains Farmland Values Post 10% Gain

The Federal Reserve Bank of Kansas City reports a 10% annual boost in farmland values.

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Central Corn Belt Farmland Values Surge 10%

Quarterly Federal Reserve Bank survey finds continuing gains in farmland prices, favorable credit conditions.

Rural Banker Attitudes See Slight Improvement
Rural Banker Attitudes See Slight Improvement

Monthly banker survey finds slight uptick in attitudes.

Iowa Cropland Edges 1% Higher
Iowa Cropland Edges 1% Higher

March Iowa Chapter of the RLI finds slight boost in farmland values.

Land Pros Cite Strong Gains in Illinois Land Prices
Land Pros Cite Strong Gains in Illinois Land Prices

ISPFMRA annual survey finds strong gains in farmland values

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Rural Mainstreet Economy Turns Negative

Monthly Creighton survey of bankers

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Central Plains Bankers Note Softening in Farmland Values

Survey finds 9% annual boost in farmland values but weaker values when compared to the prior quarter.

Banker Index Declines but Stills Points to Economic Growth
Banker Index Declines but Stills Points to Economic Growth

Creighton University's Monthly Index notes declines in economic indicators.

Central Corn Belt Farmland Rises 12%
Central Corn Belt Farmland Rises 12%

Chicago Federal Reserve says Midwest farmland values rose 12%

Rural Bankers Rank High Input Costs Greatest Farm Economy Threat
Rural Bankers Rank High Input Costs Greatest Farm Economy Threat

RMI shows some optimism for rural economy,

FNC: Farmers Lead Land Purchases
FNC: Farmers Lead Land Purchases

Farmers National Company reports strong gains in farmland prices.

Rural Banker’s Outlook for Ag Economy Cools Slightly
Rural Banker’s Outlook for Ag Economy Cools Slightly

Rural Mainstreet Index registers sight decline in optimism on farmland and ag equipment.

Rural Banker’s Remain Negative on Economy Going Forward
Rural Banker’s Remain Negative on Economy Going Forward

Monthly Rural Mainstreet Index negative for sixth consecutive month.

Central Corn Belt Farmland Values Up 20%
Central Corn Belt Farmland Values Up 20%

Chicago Federal Reserve Bank reports 20% annual gain in farmland values.

Plains Farmland Notches Slight Third Quarter Gains
Plains Farmland Notches Slight Third Quarter Gains

Quarterly bank survey finds strong financial condition but rising interest rates and drought are cause for concern.

Plains Farmland Notches Third Quarter Gains
Plains Farmland Notches Third Quarter Gains

Quarterly bank survey finds strong financial condition but rising interest rates and drought are cause for concern.

Banker Index Marks Sixth Decline in Seven Months
Banker Index Marks Sixth Decline in Seven Months

Rural Mainstreet Index marks sixth decline in seven months.

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Banker Index Continues Downward Trend

Monthly Rural Mainstreet Index in growth negative range.

Illinois Farmland Prices Soar
Illinois Farmland Prices Soar

Results of Mid-Year Snapshot Survey by Illinois Society of Professional Farm Managers and Rural Appraisers

Gains in Farmland Values Slow
Gains in Farmland Values Slow

Kansas City and Chicago Federal Reserve Banks report farmland values rose in the second quarter but at only a moderate pace.

USDA: Cropland Values Surge 14.3%
USDA: Cropland Values Surge 14.3%

USDA's annual survey finds strong gains in cropland, pasture and farm real estate values.

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Banker Index Turns Negative

Bankers worry rising input costs may combine with declining commodity prices to strain rural America.

North Dakota OKs Bill Gate’s Farmland Purchase
North Dakota OKs Bill Gate’s Farmland Purchase

State attorney general clears purchase.

More than 90% of Rural Bankers Expect Recession
More than 90% of Rural Bankers Expect Recession

Monthly survey finds negative impact from raging input costs, high expectations of recession.

Farmers National Reports Sharp Gains in Land Values
Farmers National Reports Sharp Gains in Land Values

Area reports show strong gains in farmland values over FNC service are

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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.