WICHITA — The value of land used for growing crops grew at least 3 percent in the third quarter from the previous quarter, according to a new survey from the Kansas City Federal Reserve Bank.
The survey covers Kansas, Colorado, Nebraska, Oklahoma, Wyoming and parts of Missouri and New Mexico.
Non-irrigated crop land in Kansas is up 11.2 percent and irrigated farm land is up 12.2 percent from a year ago, according to the survey.
Ranch land in Kansas is up only 4.9 percent from a year ago.
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The growth has been strong, but not nearly as strong as the 10-20 percent increases seen in 2007 and 2008.