I would agree. Things are going to need to get a lot worse for it to be reflected much in land except maybe around the edges.

There is an awful lot of non-farm money out there with an awfully high priced stock market. I would expect any softness to be bought pretty quickly by non farm dollars with farmers having to compete with that money supply.

But I am usually wrong so carry on.

Edit: when a banker doesn't even want to talk to you about loaning money for a land loan, that is the time to buy. When almost nobody wants to consider buying land.