Land price bump temporary break in a downward trajectory

December 21, 2017

Farm fieldWendong Zhang, assistant professor, was quoted in a story in Agrimoney about the results from the 2018 ISU Land Value Survey, released in November.

Zhang said that “we might see farmland values continue to recede due to stagnant commodity prices, new uncertainty regarding agricultural trade such as Nafta renegotiations, and possible stress sales from some producers. Economic fundamentals suggest that the Iowa farmland market appears to have peaked for the foreseeable future.

“Given the rising interest rates and stagnant farm income, I would not be surprised to see a continued decline in values in the future.”

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