Farmland values across the Midwest continue to hold steady—even inching upward in places—despite softer commodity prices and persistently high input costs. Recent insights from the Chicago Fed and the Iowa Realtors Land Institute show modest value increases across key crop districts, with tillable acres remaining especially resilient.

Industry experts point to several forces supporting today’s land market: limited supply, strong farmer demand, reinvestment through 1031 exchanges, and ongoing pressure from residential, commercial, and data‑center development. Farmland also remains a favored hedge against inflation, keeping buyers active even in a neutral interest‑rate environment.

At Land Sales Bulletin, we see these same dynamics across our 10‑state Midwest reporting region: Illinois, Indiana, Iowa, Michigan, Minnesota, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. With only 1.5% to 2% of farmland changing hands annually in many states, competition for quality acres remains strong, and farmers continue to make up the majority of buyers.

A steady market doesn’t mean a quiet one—just a competitive one shaped by long‑term value and tight supply: farmprogress.com