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Serving: West

Land Price Decline?

Banker can't shake feeling a fall is ahead.

"Deep down there is a sense that land prices will decline," said Dennis Everson, president of the South Dakota Bankers Association and of the First Dakota National Bank Agri-business Division, Yankton, S.D., in an article recently published fedgazette, a regional economic newspaper published by the 9th District Federal Reserve Bank of Minneapolis.

"But the question is," he says, "when and how far?"

You can view the fedgazette article at www.minneapolisfed.org/pubs/fedgaz.

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