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Spencer Platt, Getty Images
Spencer Platt, Getty Images
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Farmland Values Continue To Grow

OMAHA, Neb. (AP) — The Federal Reserve says the average value of farmland in several Midwest and Western states grew more than 25 percent in the first quarter as farm income remained strong.

The Federal Reserve Bank of Kansas City

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Scott Olson/Getty Images
Scott Olson/Getty Images
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Region’s Farmland Values Up 25% Despite Drought

OMAHA, Neb. (AP) — The average value of farmland in several Midwest and Western states soared 25 percent over last year in the third quarter.

The Federal Reserve Bank of Kansas City, Mo., said Tuesday that bumper crops and strong farm income in northern Plains states, like Nebraska, helped the region overcome drought and flooding

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