Managing for Profit

Farmland value outlook for 2018

 

An ag real estate professional predicts farmland values will continue downward, following unexpected stability at the end of 2017.

Randy Dickhut with Farmers National says farmland values have been decreasing the last four years, although strong yields this past fall provided a stable area for many parts of the Corn Belt.

If more farmland goes on the market in the new year, he says values will start to soften again.