LAND MANAGEMENT NEWS
Guessing Games
Victoria G. Myers Progressive Farmer Senior Editor
Fri Nov 22, 2013 02:39 PM CST

Iowa has been the unofficial gold standard for Midwestern farmland values throughout most of the real estate boom. Prices here soared over 60% in just two years. But are those numbers real? Is an acre of Iowa farm ground really worth on average $8,600, as the USDA's most recent report says?

"When the land market is changing 50 or 60% in two years, you go to auctions to see what is really happening," says Iowa State University ag economist Mike Duffy. He's seen some "no-sales" for good land recently and believes this signals a shift in the mind-set of buyers.

...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
Klinefelter: By the Numbers
Who Burned the Beans?
Rates Too Low Too Long
Farmland: Trophy or Investment?
Under The Covers
Land Conversion May Be Overstated
View From the Cab
Using Zoning Regs to Ban Fracking
Keystone Action Coming
A Hunger for High-Tech