FARM BUSINESS NEWS
Minding Ag's Business
Marcia Zarley Taylor DTN Executive Editor
Wed Jun 18, 2014 02:03 PM CDT

When Farmers National Co. sold another 80-acre Sioux County, Iowa farm for $20,300/acre this month, you could chalk it up as another trophy sale. The buyer won't necessarily expect a competitive return on investment anytime soon.

Local Dutch farmers still possess plenty of cash, feel prime farmland remains scarce and are willing to pay premiums for certain properties (usually when bidding against the farmer next door).

"If anyone spends $20,000/acre on Iowa farmland, it's in Sioux County," says Dave Englund, a senior vice president with Farmers National. However, the same week a similar farm brought only $9,500 to $10,000/acre, which ...

Quick View
  • Betting on Shorter Beans Researchers at the University of Nebraska and Purdue University have pinpointed a gene that produ...
  • Super Food Silage has never gone out of fashion in Bath County, Kentucky, even when the lure of $6- to $8-pe...
  • Farmers Pivot Back After Storms The majority of center pivots damaged by severe weather earlier this summer in Nebraska are up an...
  • Pick Contingency Plans - 3 As crop prices and insurance coverage swoon, farmers may need to supplement incomes with federal ...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • AFBF Appeal The American Farm Bureau Federation asked a federal appeals court to reverse a lower court's Sept...
  • Pick Contingency Plans - 2 Commodity payments are largely capped at $125,000 per person. People must also report under $900,...
  • Ask the Vet Some tips on fly control.
Related News Stories
Klinefelter: By the Numbers
Ag Interest Rate Snapshot
Tyson to Sell Heinold Unit
Woodbury: Farm Family Business
US Farm Incomes Forecast to Fall
DTN Ag Business Benchmark
Rents Resist Price Relief
Deere to Lay Off 460 on Weak Demand