Texas land prices reached a new high in the 1st quarter of 2017, however, deflated prices have essentially remained rather flat since 2015.   These 1st quarter results indicate that current market dynamics reflect a more measured environment compared to the accelerated growth in 2013-2014.  At $2,536 per acre statewide the increase is 2.6% more than the prior year.  Agricultural commodities continue to outstrip demand, signalling weak operating conditions for farms and ranches.  STILL A GOOD TIME TO BUY LAND!!