LIVESTOCK NEWS
Guessing Games
Victoria G. Myers Progressive Farmer Senior Editor
Mon Dec 2, 2013 11:18 AM 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
  • Dr. Dan Talks Agronomy DTN Contributing Agronomist Dan Davidson gives his take on the Six Secrets of Soybean Success pro...
  • Mountain Top Prices North Carolina's mountain cattle producers have always been an independent bunch. But a new allia...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Senior Partners - 4 Except for family sales, seller financing virtually vanished after the farm crisis of the 1980s w...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Saving Our Forgotten Harvest About 40% of America's food goes uneaten each year. This nonprofit is working to remedy that prob...
  • Look Beyond Yield Soybean industry increases efforts to promote the importance of oil and protein content to farmer...
  • Ask the Vet Is this fly-control mineral block safe for my whole herd?
Related News Stories
Stay a Step Ahead of Scours
The Market's Fine Print
Ask the Vet
Stay a Step Ahead of Scours
Mountain Top Prices
Ask the Vet
Easy Does It
Market Math
Market Moves
Report Seen Showing Bigger Cattle Herd