AgConditions

The Chicago Fed collects data on a variety of agricultural business conditions and conducts research on selected topics.

Land Value and Credit Conditions Survey

Representatives of participating banks provide information quarterly on land values and credit conditions in the areas they serve.

Take the current Land Value and Credit Conditions Survey

AgLetter

A newsletter published four times each year on agricultural land values and credit conditions using data from our quarterly survey.

In the latest edition of AgLetter

Fourteen percent annual gain in farmland values (PDF,260KB)
According to the most recent AgLetter, farmland cash rental rates in the Seventh Federal Reserve District soared higher this year compared with those in 2007, rising 21 percent. But the year-over-year increase in District farmland values eased to 14 percent in the first quarter of 2008, and the quarterly increase in the value of “good” agricultural land was 2 percent.

Agricultural Markets and Food Price Inflation

On October 2, 2008, the Federal Reserve Bank of Chicago will hold a conference on the economic impacts of volatile agricultural costs and food price inflation. This conference will bring together experts from industry, academia and policy institutions to discuss agricultural and food policy, including their intersection with the macroeconomy through food price inflation. Details are available on the conference website.

Historical Data

Historical data on credit conditions at Seventh District agricultural banks is available for download as a spreadsheet. Recent data is also available on the third page of the AgLetter.
credit_conditions_7th_district.xls (XLS, 24KB)

David Oppedahl
(312) 322-6122
E-mail

Subscribe to Our E-mail List

Publications Order Form

Main Street Economist (Kansas City)

Dallas Fed Agricultural Survey

Kansas City Fed Agricultural Survey

Minneapolis Fed Agricultural Survey