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Iowa’s farmland values declined in the first half of 2024, the first slippage in five years, a new Farm Credit Services of America report shows.
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 ...
The average price of Iowa farmland reached $11,835 an acre last year, an ISU survey shows, the second year in a row that values set a record high. They have climbed 63% compared to five years ago ...
Sioux Center commerce, like many smaller towns in northwest Iowa, is dominated by agribusiness. Farmland near Sioux Center sold for a record $27,750 per acre in March 2024. [12] The quality of the farmland and its ability to produce high yields of corn and soybeans is the primary natural resource that propels the economy.
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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 ...