Schrader's March auctions bring strong prices on farmland News provided by Share this article Share this article COLUMBIA CITY, Ind., April 7, 2021 /PRNewswire/ -- Farmland values across the Corn Belt and beyond showed remarkable strength in March, reflecting higher commodity prices, improved farm income and favorable credit conditions, according to R.D. Schrader, president of "It's always important to remember that prices on a particular farm depend greatly on the land quality and location. But we've been seeing near record prices for farmland in some of our auctions. I would say this is the most favorable broad-based market we've seen in five or six years," said Schrader.