Dallas Fed: Farmland Values Hold Steady

While reporting overall weaker farm conditions across much of the Eleventh District, the Federal Reserve Bank of Dallas reports that farmland values held their own in the third quarter. 

According to the results of its most recent agricultural survey, the Dallas Fed Bank said poor rainfall has led to extremely dry conditions, affecting crop yields, particularly corn, cotton and wheat. 

Despite weak commodity prices, District irrigated cropland values picked up notably in the third quarter…

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