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Farmland prices expected to decline

Posted at 8:36 AM, Oct 19, 2018
and last updated 2018-10-19 09:40:38-04

A new survey says farmland prices are expected to continue their decline in parts of 10 Plains and Western states.

The latest Rural Mainstreet survey shows that on average, bank CEOs in the region estimated farmland prices declined by 4 percent over the past 12 months. Bankers from Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota and Wyoming were surveyed.