Move over Iowa, there's a new record farmland sale on the books. A piece of Missouri farmland underwent rapid-fire bidding, which racked the final price tag up to $34,800 per acre. The recent sale now beats out the previous...
Agriculture is a vital sector that plays a significant role in providing food security for the growing population. It is estimated that by 2050, the world’s population will reach 9.8 billion1, thereby increasing the demand for food. However, conventional...
By Patrick Allitt, Emory University
There were many factors that eased the process of farming in the Great Plains. In the early 19th century, the whole area had been referred to as “the Great American Desert”, because it was deserted—only Indians lived...
The land market momentum that began in late 2021 accelerated into 2022 and was driven by competition for high quality cropland; it resulted in both record sales and overall increases in land values across the country.
Strong demand across all...
Iowa farmland prices have been on the rise for months, and a new 2022 state record was set at auction by Whitaker Marketing Group (www.wmgauction.com) on March 8th in Sioux County, Iowa.
Thirty-eight acres of farmland sold in Sioux County...
The question about who is buying US farmland comes up quite often from different sources. Historically, farmers and ranchers purchase the larger share of agricultural land that comes up for sale in an area.
Part of the land is sold...
Farmland values surged in the third quarter according to Federal Reserve Surveys of Agricultural Credit Conditions. The value of nonirrigated cropland increased by 12% or more in all participating Districts. The rapid increase was also consistent across most states,...
Source: AgWeb.com
13,400 per acre in Cedar County, Neb. $17,000 per acre in Douglas County, Ill. $26,000 per acre in Johnson County, Iowa.
This has delivered numerous mind-blowing farmland sales. But will this runup in values continue?
The odds are likely, according...
Many states are experiencing record land prices across the Midwest. Aggressive bidding continued into summer and the fall selling season, with new high prices often being reached in Iowa. But the land market is also strong in most other...
Iowa land sales have garnered a lot of attention lately. The land market in Iowa has been on fire for the past year starting out last fall with better prices than we had been thinking. On through the winter,...