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An official with GreenStone Farm Credit Services says their latest land values report shows the market is readjusting to reflect lower commodity prices after a decade of record profitability.

“The corrections that we’ve seen in the Michigan market are very comparable to what we’ve seen in Illinois, Iowa, Minnesota and other parts of Wisconsin in the Midwest.”

Executive Vice President and Chief Credit Officer Paul Anderson tells Brownfield lower commodity prices over the past four years are weighing on land values across the Midwest.  

Continue reading Michigan farmland values relatively steady at Brownfield Ag News.

       

To view the original Brownfield Ag News Article, click here.