Alva Review-Courier -

Experts say increase in Iowa farmland values not permanent


September 15, 2017

DES MOINES, Iowa (AP) — Values of Iowa farmland have increased this year, reversing several years of declines, but industry experts say the change likely isn't a signal that the agricultural economy is improving.

Steve Bruere is president of Peoples Co., a farm management and brokerage firm. He told The Des Moines Register that a lack of farms on the market has driven up the value.

Farmland values climbed nearly 3 percent to almost $6,700 an acre for the year ending in September, according to the Realtors Land Institute's Iowa chapter.

The state's increase in farmland value may be tempora...

For access to this article please sign in or subscribe.


Reader Comments(0)


Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2021