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
  • Crop Tech Corner In this week's Crop Tech Corner, a community of Arkansas farmers have successfully banded togethe...
  • Market News AgriClear is not an auction, but an online digital sales floor where buyers and sellers negotiate...
  • UAS Research Takes Off Key members of the House and Senate last week praised the Federal Aviation Administration for sel...
  • "Total Market Isn't Dead" Used equipment inventories are escalating.
  • Rain, Rain, Go Away Waterlogged and flooded fields in much of the Midwest are putting corn and soybean fields at risk...
  • Feds to Examine Biotech Rules In a memo to USDA, FDA and EPA, the White House stated that a review of biotech regulations was n...
  • Evolution of Farm Kid Jobs DTN Staff Reporter Russ Quinn reflects on the farm activities of his youth that his children will...
  • IARC: Possible 2,4-D Cancer Link The International Agency for Research on Cancer has classified the herbicide 2,4-D as possibly ca...
  • Ask the Vet How do I know what minerals my cows need and how much?
Related News Stories
The Market's Fine Print
Cattle Trades Go High Tech
Grazing Gets Boost From Rain
Ask the Vet
Market News
Never Going Back
Ask the Vet
Stocker Set Up
Ask the Vet
Designer Cows