Too Good to Last?
Elizabeth Williams DTN Special Correspondent
Wed May 22, 2013 08:36 PM CDT

INDIANOLA, Iowa (DTN) -- The first chink in the farmland value armor is starting to show up in several Midwest land value indicators. No one is predicting the "top" is in, but it's not full speed ahead.

The Peak Soil Iowa Cropland Value Index, a new index of actual Iowa land sales first reported by DTN on April 12, measured a slight decrease in cropland values in the fourth quarter of 2012. The index uses data from actual land sales collected from court records in 20 counties around Iowa. Real estate brokers and lenders believe a flurry of sales were ...

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