RLI survey shows slight decline but no clear trend as commodity prices, interest rates, supply shape market.

Iowa farmland values wrestled with a steady stream of opposing factors over the past six months, resulting in a virtual stalemate in terms of the direction of the land market, according to the Iowa Realtors Land Institute’s (RLI) annual spring survey.

The March survey, which evaluated land values as of March 1, showed a 1% decrease over the past six months, survey coordinators Matt Vegter and Rebecca Frantz of Hertz Farm Management reported last week. 

“Our conclusion is that we’re in ...