The One to Count On...

Farmland Values Released

Posted: Friday, December 17th, 2010 at 6:25 am
Author: KNIA/KRLS News-David Hecht

[simage=4172,400,y,center]
Recently the Iowa State University Extension Office conducted their annual farmland survey and found that farmland values had increased 15.9 % in 2010. The survey found that as of November 1st of this year, the price per acre in Iowa was $5,064, which is up $693 from a year ago. Farmland in Marion County increased from $3,765 to $4,175 per acre. Of the nine crop reporting districts in the state, the Iowa State survey found the highest land values were reported for Northwest Iowa at $6,356 per acre and the lowest land values were reported for South Central Iowa at $2,690 per acre.