The Land Report

Fall 2016

The Magazine of the American Landowner is an essential guide for investors, landowners, and those interested in buying or selling land. The award-winning quarterly is known for its annual survey of America's largest landowners, The Land Report 100.

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FA L L 2 0 1 6 | The LandReport 23 LANDREPORT.COM *Not reported due to small sample size. SOURCE: Kansas City Fed Nonirrigated Irrigated Ranchland Kansas -13 -11 -9 Missouri 6 n/a* -1 Nebraska -3 -1 3 Oklahoma -1 -3 0 Mountain States -5 -9 -5 TENTH DISTRICT -3 -5 -3 Using responses from 210 banks, economists at the Kansas City Federal Reserve Bank presented a survey of Agricultural Credit Conditions covering the second quarter of 2016. A selection of observations by some of these bankers follows: "Bumper wheat crop will help, but increased local basis will really hurt local producers." — Southwestern Kansas "Lower commodity prices are affecting the spending and payback of local farmers. Many are paying their interest and extending their notes in hope that prices will rise this fall at harvest time." — Southwestern Missouri "Drop in cattle prices has affected our area more than other commodities." — Eastern New Mexico "Many of our farmers work outside jobs. So, to date, we have found solutions for all borrowers." — Western Missouri "Farm financial conditions continue to deteriorate." — Northeastern Kansas Read the complete report at www.KansasCityFed.org . Year-Over-Year 2Q Farmland Value Gains By State

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