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It tracks the value of 70 farms in the five-state region that Omaha, Nebraska-based Farm Credit Services serves — 21 of which are in Iowa. Despite the decline, the average value of Iowa farmland ...
Despite rising interest rates and lower farm income, Iowa farmland values averaged a record $11,835 this year, an Iowa State University survey shows Iowa farmland values climb 3.7% in 2023 ...
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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.
With thousands of ag-related jobs already cut, Iowans wonder how deep downturn will go. 'For a lot of folks, with these prices today, they're in the red.'
In 2021, renewable energy companies held about 90% of the state's foreign-held land — about 453,000 of nearly 508,000 acres — through leases that are at least a decade long, according to 2021 ...
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 ...
More: As ag downturn, layoffs continue, Iowa farmland sees first drop in value in five years Farmers earlier resisted sales as corn and soy futures prices sank to 2020 lows this year under ...