Farmland Outlook
Elizabeth Williams DTN Special Correspondent
Fri Jan 23, 2015 06:32 AM CST

INDIANOLA, Iowa (DTN) -- No one expected farmland prices to stay strong as commodity prices tumbled lower in 2014. But unlike corn prices, farmland values haven't fallen off the cliff.

In fact, "we're heading more toward a 'soft landing,'"said Doug Stark with Farm Credit Services of America, based in Omaha.

"Inconsistent," is how Steve Bruere with Des Moines-based People's Company termed the current farmland market. "There is still a lot of capital out there looking to invest in farmland," said Bruere.

Top quality farmland is still holding its value in Illinois, reported Mac Boyd with Farmers National in Arcola, Ill. ...

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