March 26, 2010 In the interest of keeping you up-to-date on the region’s farmland market, we wanted to provide you with the following information that has come to our attention recently. Recent articles in the Farm World weekly newspaper and the Ohio Farmer have indicated that Iowa and Illinois farmland prices have been steady and [...]

According to the latest “AgLetter” from the Federal Reserve Bank of Chicago, prices have risen throughout that area about 6 percent as of the 2nd quarter of 2010 compared with the same period of 2009.

By Matt Sheridan, Sheridan & Associates During the last five years, farmland throughout the U.S. has experienced record highs in value. Since 2004, much of Ohio’s productive farmland was increasing in value by 15% to 20% annually. In 2009, much of this appreciation came to a halt. Decreasing commodity prices, skyrocketing cash rents, high input [...]