U.S. farmland values steady to higher in Plains, Midwest -Fed
CHICAGO, Aug 14 (Reuters) - Farmland prices in the U.S. Plains and Corn Belt states were steady to higher in the second quarter despite lower grain profits as crop prices fell, according to Federal Reserve Bank quarterly surveys issued on Thursday.
Falling corn, soybean and wheat prices cut into crop farmers' profits while the livestock sector benefited from cheaper feed costs.
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