Midwest Farmland Real Values Drop
Midwest farmland values were flat year over year in the second quarter of 2026. But in real terms, when adjusted for inflation, values were down 3.7% from 2025 -- the largest real drop since 2016.
USDA Weekly Crop Progress Report
Corn was rated 60% in good-to-excellent condition, and soybeans were rated 61% in good-to-excellent condition as of Sunday, Aug. 16. Winter wheat harvest reached 96% complete.
Deere Farmer Settlement Moves Forward
John Deere's $99 million right-to-repair settlement with farmer plaintiffs moves towards approval by early 2027, as farmers have until Dec. 31, 2026, to file claims.