Despite the downturn in the agricultural economy, farmland values in the Northern Plains are holding steady. Pifer’s Auction and Reality President Kevin Pifer describes the scenario as a “confident land market” for both pasture and crop land. There is a strong undercurrent of demand for high-producing land. “In areas where land hasn’t been for sale in a while, there’s even been an increase in values,” says Pifer. “I really think that good to excellent land over the next twelve months is going to maintain its value.” Pifer says one downfall of this stable market environment is cash flow challenges for farmers and ranchers. Listen to the interview.