Survey: Corn Belt Land Values Fall in Third Quarter

Farmland values in the Corn Belt are slightly lower now than mid-year, according to the Chicago Federal Reserve. Don’t be surprised if that trend continues.

Todd Hatterman, land realtor and auctioneer at Vander Werff and Associates, knows one reason why.

“There is a lot of farmland coming on the market,” the Sanborn, Iowa, realtor explains. “And there will be a lot more in the next six or seven weeks.”