— A survey from the Federal Reserve Bank of Chicago says
the value of Wisconsin farmland in its district fell about
2 percent from April through June.
Milwaukee Journal Sentinel (http://bit.ly/1PKWJwl
) reports the survey also showed the value of
"good" farmland dropped 2 percent for the second
quarter of 2015 from a year earlier. That's the first such
decline in nine quarters.
bank's Seventh District includes most of Wisconsin.
newspaper says farm real estate values have generally
risen in Wisconsin for years. According to U.S. Department
of Agriculture data, farmland values in the state rose 7.3
percent on average in 2014.
Fed senior business economist David Oppedahl says the drop
in farmland values can be contributed in part to falling