Midwestern farmland values experienced a slight decline in 2024. Luke Worrell, chair of the annual Land Values and Lease Trends survey by the Illinois Society of Farm Managers and Rural Appraisers (ISPFMRA), says an in-depth study of 2024 land transactions shows declining values amongst some types of farmland. “The 2024 data showed that Class A […]
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Midwestern land values dip in 2024