Rise In farm real estate values accelerate, KC Fed notes.

Farmland values continued to increase at a rapid pace through the end of 2021, Alongside sustained strength in farm income and credit conditions, the value of all types of farmland in the Tenth District was more than 20% higher than a year ago. On top of expectations of higher farmland values for the next year, more than 50% of respondents also indicated that farmland values were currently overvalued, suggesting there may still be future risks of declines. [Extracted from the article]