Wisconsin Banking Update
Providing banking news in Wisconsin that Wisconsin Bankers can use. Keep on top of all the banking issues that are affecting Wisconsin in one place. If you would like to receive these updates by email please subscribe by entering your email address on the right. There is no cost and no obligation.
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Decline in Farmland Value Worst Since 1985
Posted on May 21st, 2009 No commentsThe value of good farmland in several Midwestern states fell by a dramatic 6 percent in the first quarter, the biggest decline since 1985, the Federal Reserve Bank of Chicago wrote in its AgLetter. The Fed also reported that the demand for non-real estate loans and the availability of funds were higher than in the same period a year ago. Loan repayment rates edged up as well. Read the Reuters article.
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