Attention all investors and Farmers who want to grow!
MARCH 2023 IOWA FARMLAND VALUE | IOWA LAND GUY
The land market in Iowa is standing strong and presents an exciting opportunity for profit. In March, a large number of acres hit the market, and while auctions have slowed in April, I predict that more acres will be available after planting season. As I've mentioned before, the markets are driven by emotion, and with the current strong sentiment among farmers, we're seeing strong prices that you don't want to miss out on. Despite concerns from some young farmers about high land prices, the truth is that a significant portion of farmers have already paid off their land, updated their equipment, and are looking to expand their operations. Additionally, we've seen an increase in net farm income, along with government support through PPP and MFP payments. And let's not forget about the jump in commodity prices and historically low interest rates! All these factors combined indicate that the agricultural sector is poised for growth, and the land market is a great place to invest. I'm bullish on the land market in Iowa. It's a resilient market that's full of opportunities for savvy investors/farmers like you. Don't miss out on this chance to make a profit!
Iowa Results: Results from the 38 Auctions (3,346 acres) this last year have the average for the state at $11,899/acre, high quality ground at $13,882/ acre, and medium quality ground averaging $9,928/ acre. Low quality ground has remained steady at an average of $6,878/ acre
Our Mission; Is to be your “Trusted Advisors”, Our obligation; is to market your farmland to the largest audience yielding you the most successful outcome!
David & Ann Whitaker | Iowa Land Guy When you think of Farmland Think of US!