Iowa Farm Land Prices Are Going Through The Roof!
The old Iowa cropland saying is, “get what you can, they're not making anymore.” But I don't get how anyone can pay these new Iowa farmland prices...Wow!
The 2022 Iowa State University Extension’s Farmland Value Survey is out and it's saying that the average farmland values in Iowa are going high.
The survey was initiated in 1941 and is sponsored annually by Iowa State University.
Only the state average and the district averages are based directly on Iowa State survey data.
County estimates are derived using a procedure that combines Iowa State survey results with data from the US Census of Agriculture.
Check this out...In 2021, Iowa State University Extension’s Farmland Value Survey reported a 29% increase in farmland values with a $9,751 per acre cost in Iowa.
That was an increase of $2,192 from 2020.
As of December 13th, Iowa State University says in its new 2022 Farmland Value Survey the average acre of farmland jumped 17% to $11,411 per acre of farmland.
You can read the full 2022 Iowa State University Extension’s Farmland Value Survey at iastate.edu.