LAND MANAGEMENT NEWS
Stable 2014 Cash Rents Ahead
Elizabeth Williams DTN Special Correspondent
Thu Nov 21, 2013 06:22 AM CST

INDIANOLA, Iowa (DTN) -- It's a sign of agriculture's changing fortunes: So far this season, auctioneer Al Hughes of Glenwood, Iowa, hasn't had a single request for a cash rent auction.

Back in February 2012, Hughes made news auctioning cash leases at more than $500 an acre in north-central Iowa and other parts of the state. Hundreds of farmers and onlookers crammed into motel meeting rooms to watch as bids soared $100 or $200 an acre above the county's average prices. Young farmers said they appreciated a chance to get in on the bonanza, even if it meant paying top ...

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