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And farmland values, often a big part of growers' assets, are holding steady after a couple years of record high prices. Average Iowa farmland values fell 6.4% from 2014 to 2019, an annual ISU ...
Despite the decline, the average value of Iowa farmland remains 58.3% higher than it was five years ago, the report found. Strong profits helped overcome concerns about the Federal Reserve’s ...
Owning nearly 15,000 acres of land in Iowa through his private ownership of Stine Seed, [12] In 2018, he was listed as the wealthiest in Iowa with a net worth of $3.2 billion by Forbes. [13] In 2019, he increased his fortune by $1.8 billion to $5 billion ranking him the richest Iowan and #131 richest in the United States by Forbes.
The group, which claims more than 153,000 members, found that 23 Iowa farm-production companies and related business have slashed 4,097 jobs through Sept. 18 as low crop prices and rising expenses ...
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FBL Financial Group, Inc. is a financial services holding company, headquartered in West Des Moines, Iowa, and traded on the New York Stock Exchange under the symbol FFG. Its primary operating subsidiary, Farm Bureau Life Insurance Company, underwrites and markets a broad range of life insurance and annuities to individuals and businesses.
By the mid-1980s, the crisis had reached its peak. Land prices had fallen dramatically leading to record foreclosures. Farm debt for land and equipment purchases soared during the 1970s and early 1980s, doubling between 1978 and 1984. Other negative economic factors included high interest rates, high oil prices and a strong dollar. Record ...
Iowa's farmland values climbed 3.7% this year over 2022 to average $11,835 per acre, an Iowa State University survey shows. It's the fifth year the statewide average has increased, the survey shows.