Economic indicators across the ag sector point to continued support for farmland values, although not at the blistering pace seen during the past 12 months, according to speakers at last week’s 94th annual Iowa State University soil management and land valuation conference.

“We’re looking at a continued period of higher prices for corn and soybeans, but also higher costs,” said Chad Hart, Iowa State University (ISU) Extension crop markets specialist.

“That means farmland prices will continue to remain strong.”

An informal survey of farm managers, rural ap­praisers, real estate brokers at the...