date:May 31, 2012
Land values are still trending higher and there is still less demand for non-real-estate loans for farmers in the Chicago Fed district comprising Iowa, much of Wisconsin, Michigan, northern Illinois and northern Indiana, says Fed business economist David Oppendahl.
Agricultural credit conditions became more favorable overall compared with a year ago, although relativelyminor additional collateral requirements were reported, he says. District agricultural land values were 19% higher in the first