On one hand, the cost of growing a corn crop keeps climbing. “It’s been a very resilient land market here through the last couple of years of tight profit margins. And so I think it is the expectation of the future, combined with some cash that was built up from prior years, that keeps the demand level where it is through this stretch of type profit margins.” It was strictly agricultural value that brought it to nearly 18,000 an acre, which is just as strong as it’s ever been in that pocket.” Producing a crop may be getting more expensive, but confidence in Midwest farmland itself remains strong.