Farmland values in Iowa have dipped for the second year in a row according to the U.S.D.A. Radio Iowa’s O. Kay Henderson reports.
OC….A YEAR AGO :26
A spring survey of realtors who sell Iowa farmland indicated a bigger drop in the price for Iowa cropland, of nearly nine percent.
The U.S.D.A.’s report concluded the total value for farm real estate in Iowa is 244 TRILLION dollars.
That’s the value of all the ag-land as well as the barns and farmhouses in Iowa.
The RENTAL price for cropland in Iowa averaged 235-dollars ($235) an acre for this growing season.
That’s down 15 dollars an acre from a year ago.