O'Brien County's Bell-Times-Courier -

Iowa Farmland Value Grows 2.3% in 2019, but Barely Exceeds Inflation

Iowa's farmland now valued at $7,432 per acre, an increase of $168 from 2018

 

February 6, 2020

by Iowa State Extension

Ames, Iowa-It's been a difficult year for farmers-the planting season saw an overabundance of rain and delayed planting, the United States' trade war with China persisted, skewing both commodity prices and demand, and farm bankruptcies rose to the highest level since 2011. However, favorable interest rates, strong yields, and limited land supply combined to help drive Iowa's farmland values up for only the second time in six years.

The statewide value of an acre of farmland is now estimated to be $7,432, which represents an increase of 2.3 percent, or $168, since 201...



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