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TAMA COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

TAMA COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

TAMA COUNTY IOWA Iowa Land Information Learn about farmland for sale in Tama County, Iowa, right here. Average land prices, the biggest towns within the county, the available land for sale, and many additional resources that will help make your Iowa land search easier. Contact your Tama County land agent with any questions or to request a . Location: Central Iowa Average Farmland Value: $12,562 is the average price of farmland in the county. To learn the most current county average farmland value or to learn what your farm value is contact Land Broker David Whitaker 515-996-LAND (5263) Average Farmland Value for Iowa $11,581 an acre Land Auctions in 2021: There were 6 farmland auctions in Tama County in 2021. There were 648 Acres sold at auction. The average farmland price per acre was $12,562 The average $/CSR2 was $160/ CSR2 Land Auctions in 2020: There were 6 farmland auctions in Tama County in 2020. There were 537 Acres sold at auction. The average farmland price per acre was $11,360 The average $/CSR2 was $131/ CSR2 Average CSR2 Rating: 70.3 2020 USDA Average Corn Yield: 133.5 2020 USDA Average Soybean Yield: 55.2 ISU Average Cash Rent Per Acre: $245 I SU Average County Cash Rent Per Acre Pasture: $50-$100 Towns: Chelsea, Garwin, Lincoln, Toledo, Clutier, Gladbrook, Montour, Traer, Dysart, LeGrand, Tama, Vining, Elberon Adjacent Counties: Grundy, Black Hawk, Benton, Poweshiek, Marshall County Seat: Toledo County Website: Learn more about the county at Additional Tama County Agricultural Informational Website: Tama County Iowa  County Assessor: You can learn individual farm information; parcel ID numbers, farm taxes, recent land sales, and even landowners names and mailing addresses on the county here. FREE Farm Appraisal: Thank you for your interest in the current land values. Fill out our simple or contact David Whitaker your local land agent at 515-966-LAND (5263) Tama County History: Tama County is a county located in the U.S. state of Iowa. As of the 2020 census, the population was 17,135. The county was formed on February 17, 1843 and named for Taimah, a leader of the Meskwaki Indians. .Read More

GRUNDY COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

GRUNDY COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

GRUNDY COUNTY IOWA Iowa Land Information Learn about farmland for sale in Grundy County, Iowa, right here. Average land prices, the biggest towns within the county, the available land for sale, and many additional resources that will help make your Iowa land search easier. Contact your Grundy County land agent with any questions or to request a . Location: Central Iowa Average Farmland Value: $14,683 is the average price of farmland in the county. To learn the most current county average farmland value or to learn what your farm value is contact Land Broker David Whitaker 515-996-LAND (5263) Average Farmland Value for Iowa $11,581 an acre Land Auctions in 2021: There were 14 farmland auctions in Grundy County in 2021. There were 1687 Acres sold at auction. The average farmland price per acre was $14,525 The average $/CSR2 was $174/ CSR2 Land Auctions in 2020: There were 9 farmland auctions in Grundy County in 2020. There were 961 Acres sold at auction. The average farmland price per acre was $9,020 The average $/CSR2 was $126/ CSR2 Average CSR2 Rating: 86.9 2020 USDA Average Corn Yield: 183.7 2020 USDA Average Soybean Yield: 59.8 ISU Average Cash Rent Per Acre: $245 I SU Average County Cash Rent Per Acre Pasture: $50-$100 Towns: Beaman, Grundy Center, Morrison, Stout, Conrad, Holland, Reinbeck, Wellsburg, Dike Adjacent Counties: Butler, Black Hawk, Tama, Marshall, Hardin County Seat: Grundy Center County Website: Learn more about the county at Additional Grundy County Agricultural Informational Website: Grundy County Iowa  County Assessor: You can learn individual farm information; parcel ID numbers, farm taxes, recent land sales, and even landowners names and mailing addresses on the county here. FREE Farm Appraisal: Thank you for your interest in the current land values. Fill out our simple or contact David Whitaker your local land agent at 515-966-LAND (5263) Grundy County History: Grundy County is a county located in the U.S. state of Iowa. At the 2020 census, the population was 12,329. The county is named for , former U.S. Attorney General. Grundy County is included in the Waterloo-Cedar Falls, IA Metropolitan Statistical Area. Grundy County was formed on January 15, 1851, and became self-governing in 1856. It was named after Felix Grundy of Tennessee, a statesman, Senator, member of the House of Representatives and Attorney General under President James K. Polk. The first courthouse was built in 1861. The wooden, two-story building contained a courtroom, but was used for other purposes, including housing the office of the sheriff, county treasurer, the judge, as well as a chamber for the jury. The cornerstone for a second courthouse was laid on November 11, 1891. .Read More

WEBSTER COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

WEBSTER COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

WEBSTER COUNTY IOWA Iowa Land Information Learn about farmland for sale in Webster County, Iowa, right here. Average land prices, the biggest towns within the county, the available land for sale, and many additional resources that will help make your Iowa land search easier. Contact your Webster County land agent with any questions or to request a . Location: Central Iowa Average Farmland Value: $9,892 is the average price of farmland in the county. To learn the most current county average farmland value or to learn what your farm value is contact Land Broker David Whitaker 515-996-LAND (5263) Average Farmland Value for Iowa $11,581 an acre Land Auctions in 2021: There were 7 farmland auctions in Webster County in 2021. There were 602 Acres sold at auction. The average farmland price per acre was $9,892 The average $/CSR2 was $147/ CSR2 Land Auctions in 2020: There were 4 farmland auctions in Webster County in 2020. There were 296 Acres sold at auction. The average farmland price per acre was $8,940 The average $/CSR2 was $96/ CSR2 Average CSR2 Rating: 75.1 2020 USDA Average Corn Yield: 174 2020 USDA Average Soybean Yield: 49.5 ISU Average Cash Rent Per Acre: $245 I SU Average County Cash Rent Per Acre Pasture: $50-$100 Towns: Badger, Dayton, Harcourt, Otho, Baum, Duncombe, Lehigh, Stratford, Callender, Ford Dodge, Moorland, Vincent, Clare, Gowrie. Adjacent Counties: Humboldt, Wright, Pocahontas, Calhoun, Greene, Boone, Hamilton County Seat: Fort Dodge County Website: Learn more about the county at Additional Webster County Agricultural Informational Website: Webster County Iowa  County Assessor: You can learn individual farm information; parcel ID numbers, farm taxes, recent land sales, and even landowners names and mailing addresses on the county here. FREE Farm Appraisal: Thank you for your interest in the current land values. Fill out our simple or contact David Whitaker your local land agent at 515-966-LAND (5263) Webster County History: Webster County is a county in the U.S. state of Iowa. As of the 2020 census, the population was 36,999. The county was established in January 1851, one of 43 counties established by a legislative package. This county was named after Daniel Webster, an American statesman noted for his moving oratory. Webster County comprises the Fort Dodge, IA Micropolitan Statistical Area. .Read More

DALLAS COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

DALLAS COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

DALLAS COUNTY IOWA Iowa Land Information Learn about farmland for sale in Dallas County, Iowa, right here. Average land prices, the biggest towns within the county, the available land for sale, and many additional resources that will help make your Iowa land search easier. Contact your Dallas County land agent with any questions or to request a . Location: Central Iowa Average Farmland Value: $13,620 is the average price of farmland in the county. To learn the most current county average farmland value or to learn what your farm value is contact Land Broker David Whitaker 515-996-LAND (5263) Average Farmland Value for Iowa $11,581 an acre Land Auctions in 2021: There were 17 farmland auctions in Dallas County in 2021. There were 2321 Acres sold at auction. The average farmland price per acre was $13,695 The average $/CSR2 was $174/ CSR2 Land Auctions in 2020: There were 9 farmland auctions in Dallas County in 2020. There were 1106 Acres sold at auction. The average farmland price per acre was $8,940 The average $/CSR2 was $119/ CSR2 Average CSR2 Rating: 76.6 2020 USDA Average Corn Yield: 140.5 2020 USDA Average Soybean Yield: 45.4 ISU Average Cash Rent Per Acre: $245 I SU Average County Cash Rent Per Acre Pasture: $50-$100 Towns: Adel, Dexter, Redfield, Bouton, Granger, Van Meter, Dallas Center, Linden, Waukee, Dawson, Minburn, DeSoto, Perry Woodward. Adjacent Counties: Guthrie, Adair, Madison, Warren, Polk, Boone, Greene County Seat: Adel County Website: Learn more about the county at Additional Dallas County Agricultural Informational Website: Dallas County Iowa  County Assessor: You can learn individual farm information; parcel ID numbers, farm taxes, recent land sales, and even landowners names and mailing addresses on the county here. FREE Farm Appraisal: Thank you for your interest in the current land values. Fill out our simple or contact David Whitaker your local land agent at 515-966-LAND (5263) Dallas County History: Dallas County is a county located in the U.S. state of Iowa. As of the 2020 Census, the population was 99,678, making it the seventh-most populous county in Iowa. Between 2010 and 2020, it was the fastest growing county in Iowa and one of the fastest growing in the country. Its county seat is Adel, and its largest city is Waukee. The county was named for George M. Dallas, Vice President of the United States under James K. Polk, the namesake of neighboring Polk County. Dallas County is included in the Des Moines–West Des Moines, IA Metropolitan Statistical Area. The land that now forms Dallas County was ceded by the Sac and Fox nation to the United States in a treaty signed on October 11, 1842. On January 13, 1846, the legislative body of the Indiana Territory authorized the creation of twelve counties in the Iowa Territory, with general descriptions of their boundaries. Dallas County's name referred to United States Vice President , who served from 1845 to 1849. In 1847 the county residents voted to designate Penoch as the county seat (the name was changed to Adel in 1849). The county's population grew rapidly, with settlers coming to claim homesteads. By 1870, the population had crossed the 12,000 mark.Read More

POLK COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

POLK COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

POLK COUNTY IOWA Iowa Land Information Learn about farmland for sale in Polk County, Iowa, right here. Average land prices, the biggest towns within the county, the available land for sale, and many additional resources that will help make your Iowa land search easier. Contact your Polk County land agent with any questions or to request a . Location: Central Iowa Average Farmland Value: $9,000 is the average price of farmland in the county. To learn the most current county average farmland value or to learn what your farm value is contact Land Broker David Whitaker 515-996-LAND (5263) Average Farmland Value for Iowa : $11,581 an acre Land Auctions in 2021: There were 2 farmland auctions in Polk County in 2021. There were 178 Acres sold at auction. The average farmland price per acre was $9,000 The average $/CSR2 was $153/ CSR2 Land Auctions in 2020: There were 4 farmland auctions in Polk County in 2020. There were 400 Acres sold at auction. The average farmland price per acre was $7,650 The average $/CSR2 was $99/ CSR2 Average CSR2 Rating: 70.7 2020 USDA Average Corn Yield: 151 2020 USDA Average Soybean Yield: 49.2 ISU Average Cash Rent Per Acre: $245 I SU Average County Cash Rent Per Acre Pasture: $50-$100 Towns: Alleman, Clive, Johnston, Runnells, Altoona, Des Moines, Mitchellville, Sheldahl, Ankeny, Elkhart, Norwalk, Urbandale, Bondurant, Granger, Pleasant Hill, West Des Moines, Carlisle, Grimes, Polk City, Windsor Heights. Adjacent Counties: Story, Jasper, Marion, Warren, Dallas, Boone County Seat: Des Moines County Website: Learn more about the county at Additional Polk County Agricultural Informational Website: Polk County Iowa  County Assessor: You can learn individual farm information; parcel ID numbers, farm taxes, recent land sales, and even landowners names and mailing addresses on the county here. FREE Farm Appraisal: Thank you for your interest in the current land values. Fill out our simple or contact David Whitaker your local land agent at 515-966-LAND (5263) Polk County History: Polk County is located in the U.S. state of Iowa. As of the 2020 census, the population was 492,401. It is Iowa's most populous county, and home to over 15% of the state's residents. The county seat is Des Moines, which is also the capital city of Iowa. Polk County is included in the Des Moines–West Des Moines, IA Metropolitan Statistical Area. On January 13, 1846, the legislative body of the Iowa Territory authorized the creation of twelve counties in the Territory, with general descriptions of their boundaries. On January 17 they further enacted a resolution setting the effective date of the county government for Jasper and Polk Counties as March 1, 1846. Polk County's name referred to United States President James K. Polk, who served from 1845 to 1849. The first courthouse, a two-story structure, was built in Des Moines in 1846. Rapid settlement and commercial growth in the county soon rendered this building insufficient, so construction of a larger building was initiated in 1858. Due to construction delays and the onset of the Civil War, the structure was not completed until 1866. The present courthouse was erected in 1906, and in 1962 it was extensively renovated and enlarged. .Read More

JASPER COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

JASPER COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

JASPER COUNTY IOWA Iowa Land Information Learn about farmland for sale in Jasper County, Iowa, right here. Average land prices, the biggest towns within the county, the available land for sale, and many additional resources that will help make your Iowa land search easier. Contact your Jasper County land agent with any questions or to request a . Location: Central Iowa Average Farmland Value: $9,385 is the average price of farmland in the county. To learn the most current county average farmland value or to learn what your farm value is contact Land Broker David Whitaker 515-996-LAND (5263) Average Farmland Value for Iowa $11,581 an acre Land Auctions in 2021: There were 29 farmland auctions in Jasper County in 2021. There were 3930 Acres sold at auction. The average farmland price per acre was $9,170 The average $/CSR2 was $152/ CSR2 Land Auctions in 2020: There were 11 farmland auctions in Jasper County in 2020. There were 863 Acres sold at auction. The average farmland price per acre was $6,637 The average $/CSR2 was $115/ CSR2 Average CSR2 Rating: 68.5 2019 USDA Average Corn Yield: 209.3 2019 USDA Average Soybean Yield: 56.5 ISU Average Cash Rent Per Acre: $245 I SU Average County Cash Rent Per Acre Pasture: $50-$100 Towns: Baxter, Lynnville, Newton, Reasnor, Colfax, Mingo, Oakland Acres, Sully, Kellogg, Mitchellville, Prairie City, Valeria, Lambs Grove, Monroe Adjacent Counties: Hardin, Marshall, Poweshiek, Mahaska, Marion, Polk, Story County Seat: Newton County Website: Learn more about the county at Additional Jasper County Agricultural Informational Website: Hardin County Iowa  County Assessor: You can learn individual farm information; parcel ID numbers, farm taxes, recent land sales, and even landowners names and mailing addresses on the county here. FREE Farm Appraisal: Thank you for your interest in the current land values. Fill out our simple or contact David Whitaker your local land agent at 515-966-LAND (5263) Jasper County History: Jasper County is a county in the U.S. state of Iowa. As of the 2020 census, the population was 37,813. The county seat is Newton. The county was organized in 1846 and is named after Sergeant William Jasper, a Revolutionary War hero .  Read More

HARDIN COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

HARDIN COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

HARDIN COUNTY IOWA Iowa Land Information Learn about farmland for sale in Hardin County, Iowa, right here. Average land prices, the biggest towns within the county, the available land for sale, and many additional resources that will help make your Iowa land search easier. Contact your Hardin County land agent with any questions or to request a . Location: Central Iowa Average Farmland Value: $11,572 is the average price of farmland in the county. To learn the most current county average farmland value or to learn what your farm value is contact Land Broker David Whitaker 515-996-LAND (5263) Average Farmland Value for Iowa $11,581 an acre Land Auctions in 2021: There were 22 farmland auctions in Hardin County in 2021. There were 2813 Acres sold at auction. The average farmland price per acre was $12,167 The average $/CSR2 was $156/ CSR2 Land Auctions in 2020: There were 3 farmland auctions in Hardin County in 2020. There were 363 Acres sold at auction. The average farmland price per acre was $7,883 The average $/CSR2 was $96/ CSR2 Average CSR2 Rating: 79.5 2020 USDA Average Corn Yield: 156.6 2020 USDA Average Soybean Yield: 51.8 ISU Average Cash Rent Per Acre: $245 I SU Average County Cash Rent Per Acre Pasture: $50-$100 Towns: Ackley, Eldora, New Providence, Steamboat Rock, Alden, Hubbard, Owasa, Union, Buckeye, Iowa Falls, Radcliffe, Whitten Adjacent Counties: Franklin, Butler, Grundy, Marshall, Story, Hamilton County Seat: Eldora County Website: Learn more about the county at Additional Marshall County Agricultural Informational Website: Hardin County Iowa  County Assessor: You can learn individual farm information; parcel ID numbers, farm taxes, recent land sales, and even landowners names and mailing addresses on the county here. FREE Farm Appraisal: Thank you for your interest in the current land values. Fill out our simple or contact David Whitaker your local land agent at 515-966-LAND (5263) Hardin County History: Hardin County is a county located in Iowa. As of the 2020 census, the population was 16,878. Hardin County was formed in 1851. It was named after Colonel John J. Hardin, who died in the Mexican–American War. In its history the county has had three courthouses. The first was a small wood-framed building, which burned down in the 1850s. The second courthouse was a two-story building and stood on the site of the current office of the county sheriff. The third and present courthouse was constructed in 1892 and opened on September 19, 1893. The structure was listed on the National Register of Historic Places in 1981. Hardin County, along with Story County, was also a primary filming location for the 1996 movie Twister, starring Bill Paxton and Helen Hunt .  Read More

MARSHALL COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

MARSHALL COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

MARSHALL COUNTY IOWA Iowa Land Information Learn about farmland for sale in Marshall County, Iowa, right here. Average land prices, the biggest towns within the county, the available land for sale, and many additional resources that will help make your Iowa land search easier. Contact your Marshall County land agent with any questions or to request a . Location: Central Iowa Average Farmland Value: $12,934 is the average price of farmland in the county. To learn the most current county average farmland value or to learn what your farm value is contact Land Broker David Whitaker 515-996-LAND (5263) Average Farmland Value for Iowa $11,581 an acre Land Auctions in 2021: There were 10 farmland auctions in Marshall County in 2021. There were 990 Acres sold at auction. The average farmland price per acre was $11,835 The average $/CSR2 was $136/ CSR2 Land Auctions in 2020: There were 9 farmland auctions in Marshall County in 2020. There were 907 Acres sold at auction. The average farmland price per acre was $9544 The average $/CSR2 was $124/ CSR2 Average CSR2 Rating: 75.7 2019 USDA Average Corn Yield: 221.9 2019 USDA Average Soybean Yield: 60.6 ISU Average Cash Rent Per Acre: $245 I SU Average County Cash Rent Per Acre Pasture: $50-$100 Towns: Albion, Haverhill, Liscomb, Rhodes, Clemons, Ferguson, Gilman, State Center, St. Anthony, Marshalltown, Laurel, LeGrand, Melbourne Adjacent Counties: Hardin, Grundy, Tama, Jasper, Story County Seat: Marshalltown County Website: Learn more about the county at Additional Marshall County Agricultural Informational Website: Marshall County Iowa  County Assessor: You can learn individual farm information; parcel ID numbers, farm taxes, recent land sales, and even landowners names and mailing addresses on the county here. FREE Farm Appraisal: Thank you for your interest in the current land values. Fill out our simple or contact David Whitaker your local land agent at 515-966-LAND (5263) Marshall County History: Marshall County is a county located in the U.S. state of Iowa. As of the 2020 census, the population was 40,105. The county seat is Marshalltown. The county was formed on January 13, 1846 and named after , Chief Justice of the United States Supreme Court. page.Read More

HAMILTON COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

HAMILTON COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

HAMILTON COUNTY IOWA Iowa Land Information Learn about farmland for sale in Hamilton County, Iowa, right here. Average land prices, the biggest towns within the county, the available land for sale, and many additional resources that will help make your Iowa land search easier. Contact your Hamilton County land agent with any questions or to request a . Location: Central Iowa Average Farmland Value: $12,934 is the average price of farmland in the county. To learn the most current county average farmland value or to learn what your farm value is contact Land Broker David Whitaker 515-996-LAND (5263) Average Farmland Value for Iowa $11,581 an acre Land Auctions in 2021: There were 16 farmland auctions in Hamilton County in 2021. There were 1716 Acres sold at auction. The average farmland price per acre was $13,291 The average $/CSR2 was $168/ CSR2 Land Auctions in 2020: There were 5 farmland auctions in Hamilton County in 2020. There were 359 Acres sold at auction. The average farmland price per acre was $8,213 The average $/CSR2 was $98/ CSR2 Average CSR2 Rating: 79.1 2020 USDA Average Corn Yield: 167.2 2020 USDA Average Soybean Yield: 50.5 ISU Average Cash Rent Per Acre: $245 I SU Average County Cash Rent Per Acre Pasture: $50-$100 Towns: Blairsburg, Kamrar, Stanhope, Webster City, Ellsworth, Randall, Stratford, Williams, Jewell Junction Adjacent Counties: Wright, Franklin, Hardin, Story, Boone, Webster County Seat: Webster City County Website: Learn more about the county at Additional Hamilton County Agricultural Informational Website: Hamilton County Iowa  County Assessor: You can learn individual farm information; parcel ID numbers, farm taxes, recent land sales, and even landowners names and mailing addresses on the county here. FREE Farm Appraisal: Thank you for your interest in the current land values. Fill out our simple or contact David Whitaker your local land agent at 515-966-LAND (5263) Hamilton County History: Hamilton County is a county located in the U.S. state of Iowa. As of the 2020 census, the population was 15,039. The county seat is Webster City. The county was named in honor of William W. Hamilton, who served as President of the Iowa State Senate. To find more information about Hamilton County, Iowa visit page.Read More

BOONE COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

BOONE COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

BOONE COUNTY IOWA Iowa Land Information Learn about farmland for sale in Boone County, Iowa, right here. Average land prices, the biggest towns within the county, the available land for sale, and many additional resources that will help make your Iowa land search easier. Contact your Boone County land agent with any questions or to request a . Location: Central Iowa Average Farmland Value: $14,940 is the average price of farmland in the county. To learn the most current county average farmland value or to learn what your farm value is contact Land Broker David Whitaker 515-996-LAND (5263) Average Farmland Value for Iowa $11,581 an acre Land Auctions in 2021: There were 9 farmland auctions in Boone County in 2021. There were 1081 Acres sold at auction. The average farmland price per acre was $9,761 The average $/CSR2 was $140/ CSR2 Land Auctions in 2020: There were 2 farmland auctions in Boone County in 2020. There were 251 Acres sold at auction. The average farmland price per acre was $8,300 The average $/CSR2 was $104/ CSR2 Average CSR2 Rating: 75.5 2020 USDA Average Corn Yield: 161.6 2020 USDA Average Soybean Yield: 50 ISU Average Cash Rent Per Acre: $245 I SU Average County Cash Rent Per Acre Pasture: $50-$100 Towns: Amaqua, Dodge, Jackson, Worth, Beaver, Douglas, Marcy, Yell, Cass, Garden, Peoples, Colfax, Grant, Pilot Mound, Des Moines, Harrison, Union. Adjacent Counties: Webster, Hamilton, Story, Polk, Dallas, Greene, County Seat: Boone County Website: Learn more about the county at Additional Boone County Agricultural Informational Website: Boone County Iowa County Assessor: You can learn individual farm information; parcel ID numbers, farm taxes, recent land sales, and even landowners names and mailing addresses on the county here. FREE Farm Appraisal: Thank you for your interest in the current land values. Fill out our simple or contact David Whitaker your local land agent at 515-966-LAND (5263) Boone County History: Boone County was established January 13, 1846, from free land. It was named after Captain Nathan Boone, son of Daniel Boone, an American pioneer, who had formed the Wilderness Trail and founded the town Boonesborough, Kentucky. To find more information about Boone County, Iowa and the history of Boone County on the counties . Read More

STORY COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

STORY COUNTY, IOWA | FARMLAND PRICES, APPRAISALS AND AUCTIONS, WHITAKER MARKETING GROUP

STORY COUNTY IOWA Iowa Land Information Learn about farmland for sale in Story County, Iowa, right here. Average land prices, the biggest towns within the county, the available land for sale, and many additional resources that will help make your Iowa land search easier. Contact your Story County land agent with any questions or to request a . Location: Central Iowa Average Farmland Value: $14,940 is the average price of farmland in the county. To learn the most current county average farmland value or to learn what your farm value is contact Land Broker David Whitaker 515-996-LAND (5263 Average Farmland Value for Iowa $11,581 an acre Land Auctions in 2021: There were 9 farmland auctions in Story County in 2021. There were 1117.66 Acres sold at auction. The average farmland price per acre was $14,474 The average $/CSR2 was $167/ CSR2 Land Auctions in 2020: There were 7 farmland auctions in Story County in 2020. There were 617 Acres sold at auction. The average farmland price per acre was $8,539 The average $/CSR2 was $93/ CSR2 Average CSR2 Rating: 80.2 2020 USDA Average Corn Yield: 149.2 2020 USDA Average Soybean Yield: 51.3 ISU Average Cash Rent Per Acre: $245 ISU Average County Cash Rent Per Acre Pasture: $37-$64 Towns: Ames, Huxley, Roland, Cambridge, Kelley, Sheldahl, Collins, Maxwell, Slater, Colo, McCallsburg, Story City, Gilbert, Nevada, Zearing Townships: Lafayette, Howard, Warren, Lincoln, Franklin, Milford, Richland, Sherman, Washington, Grant, Nevada, New Albany, Palestine, Union, Indian Creek, Collins Adjacent Counties: Hamilton, Marshall, Jasper, Marion, Warren, Madison, Dallas County Seat: Nevada County Website: Learn more about the county at Story County Iowa Census Of Agriculture County Assessor: You can learn individual farm information; parcel ID numbers, farm taxes, recent land sales, and even landowners names and mailing addresses on the county here. FREE Farm Appraisal: Thank you for your interest in the current land values. Fill out our simple or contact David Whitaker your local land agent at 515-966-LAND (5263) Story County History: The land that today is known as Story County was originally prairie with the exception of some groves along the larger streams in the area. In 1846 the boundaries of Story County were established. The County has an area of 576 square miles (1,490 km2) and is square in shape. The county was named after Joseph Story, a preeminent United States Supreme Court Justice, in 1853. To find more information about Story County, Iowa and the history of Story County on the counties . Read More

Iowa Farmland Value

Iowa Farmland Value

If your paycheck depends on the weather! Markets are strong with $8 Corn and $16 Beans, if we can get the weather to cooperate and get a crop in the ground. The volume of acres we are selling is up again. There is still farmland hitting the market. We have heard nothing but talk of interest rates on the rise. This may affect houses more than it affects us in the land market. (Looking back to 2008 when the housing market crashed, and farmland did not.) Farmland is purchased from a position of strength. There is a lot of equity out there. We are continuing to see absentee landowners decide to sell the farm to capitalize on the high land prices. The data indicates that highly tillable land is still selling at an increased rate. “Good farms, sell good!” The Auction method is the way to sell your farmland. True price discovery. The last 4 farms we have sold have exceeded our expectations. Results from the 78 Auctions (8,865 acres) this last month have the average for the state at $12,161 high quality ground at $16,015/ acre, and medium quality ground averaging $9,179/ acre. Low quality ground has remained steady at an average of $5,800/ 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 | When you think of Farmland Think of US! Iowa Land Values by CSR Score: Green= 75-100CSR Tan=50-75CSR Orange= less than 50CSR Farmland in Iowa by Acres Sold Farmland Values in Iowa across the stateRead More

Should you do an Auction or Listing?

Should you do an Auction or Listing?

When selling Farmland should you do an Auction or Listing? You have finally made the decision to sell your farmland. Now the next big question may be how you should sell it. You have a couple of ways you can sell it either a listing or an auction. Listing the Traditional Way Listing is the traditional way to sell it. Which entails coming up with a list price that you think it may be worth and then waiting and hoping for someone to come in with an offer.  This wait could take days, weeks, months or even years.  Then when an offer does come in, it may or may not be your asking price.  Using an Auction to sell The next way is by Auction. When people hear the word auction, they tend to get nervous, most of that being because they aren’t familiar with how they work. With an auction, you don’t name your price. You allow the buyers to name it for you. You will need to find an auction company that is reputable and search for one that has their . They know their job well and they will get the news out about the auction to everyone that possibly can bring demand and want for your farmland on auction day. Auctions are very competitive and with the changing technology, they have become more competitive by allowing people to bid online no matter what state they are in, while at the same time filling a room with people to bid in person. Your land is worth only what someone is willing to pay for. An auction will show you what it’s worth, and it also provides you with a definite sell date which a listing can’t do. What’s Your Farm Worth? Are you ever wondering what your farm my be worth? We can provide you with a . Read More

Farmland Values in Iowa

Farmland Values in Iowa

The RLI Iowa Chapter released the March 2022 Farmland Values in Iowa Survey. The results of the survey show a 14.1% increase on a statewide average for September 2021 to March 2022 time period. shows a 29% increase year over year. The REALTORS® Land Institute - Iowa Chapter is pleased to announce the results of our March 2022 Land Trends and Values Survey. REALTORS® Land Institute is an affiliate of the National Association of REALTORS® and is organized for REALTORS® who specialize in farm and land sales, management, development and appraisal. Participants in the survey are specialists in farmland and are asked for their opinions about the current status of the Iowa farmland market. Participants were asked to estimate the average value of farmland as of March 1, 2022. These estimates are for bare, unimproved land with a sale price on a cash basis. Pasture and timberland values were also requested as supplemental information. The results of the September survey show a 14.1% increase on a statewide average for the September 2021to March 2022 time period. This is following March 2021 to September 2021 time period that showed a 18.8% increase, giving us a year-over-year increase of 32.9% for the State of Iowa. These results will come as no surprise, as record auction prices continue to be reported throughout many counties in Iowa. Pastureland (up 12.3%) and timberland (up 11.2%) followed the same trend as Cropland acres with consistent gains across the state over the last 6 months. Survey respondents indicated that commodity prices are currently the largest factor driving farmland values higher. Current interest rate levels and the low supply of land being offered to the market were secondary factors adding strength. The survey found the current buyer pool for farmland is made up of approximately 65% Farmers, 19% Local Investors, and 16% Non-Local investors. Chapter's Farmland values survey has been conducted in March and September since 1978. This survey plus the are activities of REalors specializing in agriculture land brokerage daily. REALTORS®Land Institute –Iowa Chapter March 2022 Land Value Survey Press Release Participants in the Survey Asked for their opinions about the current status of Iowa’s farmland market. Asked to estimate the average value of farmland as of March 1, 2022. Estimates are for bare, unimproved land with a sale price on a cash basis. David Whitaker - Iowa Land Guy Read More

A new 2022 state record was set at auction by Whitaker Marketing Group

A new 2022 state record was set at auction by Whitaker Marketing Group

For Immediate Release: 3/9/2022 Hospers, Iowa – Iowa farmland prices have been on the rise for months, and a new 2022 state record was set at auction by Whitaker Marketing Group on March 8th in Sioux County, Iowa. Thirty-eight acres of farmland sold in or $24,498.60 per tillable acre. "There are a multitude of factors that impact farmland prices." David Whitaker of Whitaker Marketing Group said, "Competitive bidding and utilizing the auction method of marketing is the way to sell your farmland in this market." "The market is still trending upward," stated Whitaker. "Markets are emotion, and the emotion is strong towards farmland." We have started to see a rise in farmland prices over the last year. In 2021 the market is up over 35% this year. Overall, there is talk of opportunities in the market for the future. Age, industry, geography, cash, 1031 tax-deferred exchange timelines, foreign trade, banking/USDA, inflation, and interest rates all play a part in the current buyer's decision-making process. The market is staying stable at these higher prices due to local buying power. 82% of farms in Iowa are owned free and clear. There is a lot of equity and cash available from local Iowa buyers keeping the price of land strong. There are 35.7 million acres of farmland in Iowa, and it is estimated that 10% of it changes hands each year. In the years to come, we will see one of the most significant transitions of wealth change hands to the next generation. Some may keep the land, and some may sell the land and cash out. All buyers have one thing in common. They all are interested in land ownership, and they all want to buy more—what a fantastic time to sell. Interest rates are historically low, stock market prices are moving investors to one of the most stable investments, land. Commodity prices are high, and the supply is low! ### Read More

Lots of Land Moving

Lots of Land Moving

Lots of Moving Parts! March is here and we are gearing up for planting season. The past month has had a lot of moving parts. Iowa sold more acres in February of 2022 than we did in 2021 and that was a high year. Since January I have been watching the farmland prices of all companies to get the pulse of what was going to happen in 2022. We have seen a steady to stronger Farmland Market. With the conflict in Ukraine, we have seen the commodity prices increase. I have said it before that “markets are emotion”. When the market is good the emotion and tenor is good. With the conflict we will begin to see some uncertainty that will cause an emotional roller-coaster. We will be watching to see how China reacts as well as watching the euro markets. We have more and more people calling that are heirs to farmland that want to capitalize on the market trends we are seeing. Get ready for more land to break loose and get your purchasing power in order. There is 35.7 million acres in Iowa. It is estimated that 10% of land changes over to a new owner each year. With the Baby Boomer generation starting to transition. There will be one of the largest transitions of wealth unfolding. I wish I had a crystal ball to tell you all what farmland is going to do regarding prices, but I do not. Here are the Facts: We have heirs getting farther removed from the farm. We have a transitioning generation. We have high commodity prices. We have increased risk for all farmers (Money is made in the margins!). We have increasing interest rates (However, they are still historically low). We have a ton of equity in the currently owned farmland. We have investors hedging against inflation and buying farmland. We have investors trading ground and a timeline to utilize their 1031 like kind exchange. We have increasing fuel prices and a government that may make exceptions on ethanol. We have profit in 2021 for most farmers. We have a foreign conflict that is affecting the bread basket of Europe . We have a market that hinges on foreign trade. We have increased inputs that will narrow the margin for 2022. Results from the 78 Sales (8,605 acres) this last month have the average for the state at $11,193 high quality ground at $13,942/ acre, and medium quality ground averaging $8,331/ acre. Low quality ground has moved up at an average of $6,275/ 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! Read More

Iowa Farmland Market Update - January 2022

Iowa Farmland Market Update - January 2022

Forward thinking about Farmland! As we move towards spring, we will see a healthy amount of land continue to hit the market. I am seeing a lot of work being done by sellers and real estate companies to accelerate their land to the market as fast as possible to try to capitalize on the outstanding prices of today. The dust has settled on 2021 and farmland prices will continue to move forward. They may move sideways for a while, but I don’t feel that they will go backwards. (For example: I don’t see pickup trucks going backwards in price. Once the market has changed, the new market value has been set.) The government has said they are going to raise interest rates and have started to do so already. I see many people trying to hedge against inflation and are moving their investments to farmland. That being said: I think the changing interest rates will have a greater affect on the residential market than it will on our farmland. The biggest question is: Will the farmland sales continue to flood the market, or will they slow down as the rates increase? Only time will tell on what the interest rate increases will do. If the market moves, sellers need to know and understand that “your farmland is worth what someone is willing to give” and not the price you saw in some article like this one. Every farm is different. They all have different markets, pressures, negatives and positives. Results from the 68 Sales (7,665 acres) this last month have the average for the state at $10,355 high quality ground at $13,601/ acre, and medium quality ground averaging $8,425/ acre. Low quality ground has moved up at an average of $5,184/ 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! Just like the farm equipment, technology, and inputs are ever changing, so are farmland prices and how we market your farm. Don’t leave your most valuable asset to just anyone…. Call today to see what your farm is worth and get a free land valuation! David & Ann Whitaker | Iowa Land Guy When you think of Farmland Think of US! Read More

2021 Land Prices - Forged in Farmland – Fueled with Emotion!

2021 Land Prices - Forged in Farmland – Fueled with Emotion!

2021 Land Prices - Forged in Farmland – Fueled with Emotion! I have sold all kinds of assets throughout my career, and I still say that “There is more emotion in farmland than any other asset I have ever sold!” Farmland did not back down in 2021 and will continue with forward momentum in 2022. Iowa saw a significant increase in the number of acres sold this past year. Farmland values saw multiple auctions that set record prices in many counties. We continue to see a demand from both farmers and investors. Farmers had a blessing of good crops and significant incomes that came from 2021. If I had a crystal ball, I would look forward and tell you what land prices, interest rates, and the price of corn will be in 2022. You all know that I don’t have that crystal ball and as such we hedge on facts and data. The fact is that in 2021 we as an agricultural community showed the rest of the farming world that we would pay increasingly more for farmland than we have in the past. A perfect storm of factors brought us to that point. One farmland fact I know is that they are not making any more farmland and everyone I know with farmland wants more! 2021 Farmland Facts! 140,981 acres sold at auction in 2021 1126 separate auctions were held in 2021 Average price per acre averaged $10,997/ acre across all the land that sold in 2021 Average of $149/CSR2 in 2021 Land with CSR2 above 75 – Averaged 12,869/ acre Land with CSR2 between 50-75 - Averaged $8759/ acre Land with CSR2 lower than 50 – Averaged $6,820/ acre 18 farms sold for more than$20,000/ acre Sioux County had the most auctions (46) and also had the highest average/ acre ($17,850/ac) The most acres were sold in November, followed by December then September Farmland can be sold any time of year with success 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! Call today to see what your farm is worth and get a free land valuation! David & Ann Whitaker | Iowa Land Guy When you think of Farmland Think of US! Read More

How Much Is My Farmland Worth

How Much Is My Farmland Worth

How much is my farmland worth? As a landowner, it is important to know how much your farmland is worth. If you are looking to sell your land in the near future. If you have no intention at all of selling. You should be able to answer the question: What’s my farm worth? How do you determine your land's value? Let’s start with the basics. What factors may affect your land valuation? You probably want to know more about your land, specifically. That’s understandable. The best way to get an accurate depiction of your farmland’s value is to have an   completed. When having an appraisal done, the appraiser will take a look at many factors and features of your land while evaluating and determining a price point. Here’s a quick overview of what an appraiser will look at before setting their official appraisal amount. The price of farmland is a moving target. We at Whitaker Marketing Group do our best to stay on top of the market conditions, and we watch the price of every land sale in Iowa very closely. There are many factors that go into a farm valuation. Location: Location is a big factor in valuing land. The neighboring farmers and how aggressive they are when it comes to buying your farm can play a big part in your final price. Farming ability, Shape: Farms that lay nice and are easy for the farmer to get their equipment in and out, help the farm bring more money. Time is money! Square, Flat, and Black soils help you bring more money when selling your farmland. Size: The size of the farm plays into the total dollars that the buyer is going to spend. Most often there are more potential bidders that can afford to bid on the smaller tracts of land, so they tend to bring a larger price point. Conversely, once your farm acres drop below 40, it becomes less conducive for the farming ability aspect and can lower the price. CSR, CSR2, Soil Type, Slope, Drainage: The CSR score in Iowa is a rating system that scores the productivity of your farmland from .5 on the bottom end to 100 being the best farm. Iowa State released CSR2 to the USDA NRCS this past fall and the NRCS completed a soil database update in December 2013 and published it in January 2014. The biggest difference between is the water-holding capability of the land. Other factors that affect what your CSR2 score is of course the Soil type, the slope, and Drainage. CSR stands for Corn Suitability Rating. Water sources, Hunting & fishing ability: Iowa is one of the best states for whitetail hunting, and as such some of our land sells to hunters that are looking for the next trophy. If you can show that you have a great hunting spot with lots of game this can also drive the price of your land. Since COVID in 2020 we have seen an increase in the value of . The Ability's to build a house, Zoning: If your land lies within the 20-mile radius of a larger town and has the ability to build a house. This can drastically increase the value of your farmland. There is a catch. Each county in Iowa has different requirements for building a house. Be sure to check and see if your farmland is buildable by the local . As a realtor, we talk about Highest and best use. If you are within that golden circle the highest and best use of your farmland may not be farming. What is Iowa Land Values doing statewide? It is helpful to start any search for the value of your farmland with a quick look at how land values are trending in the state of Iowa as a whole. For this, one of the most useful publicly available resources is the Farmland Value Survey produced throughout the year by Iowa State Extension and Outreach’s Ag Decision Maker publication. It gives a general land value estimate of per acre prices in counties in Iowa, trends in land value, geographical land price relationships and the factors that are positively or negatively affecting the land market across the entire state. We can also look at the Iowa Chapter . What factors are influencing the Farmland Market? In general, there are several factors that are always influencing the farmland market in one direction or another. These factors will also have some influence on the value of your land, too. Those factors include: What affects your land value? I always say Markets are an attitude. Farmland is worth what someone is willing to give. – Iowa farm real estate experts Want to know how much your farmland is worth? and get started by sharing a little bit of information about your farm. David Whitaker - The Land GuyRead More

Iowa Land Auction Prices, December 11-17, 2021

Iowa Land Auction Prices, December 11-17, 2021

Iowa Land Auction Prices, December 11-17, 2021 Sioux County gets top honors this week with six sales ranging from $20,100 to $25,100/acre. Honorable mention goes to Dallas County with a sale at $16,625/acre. Auction activity is winding down. There are only a few more auctions to finish out 2021, which will go down in history for the amount of land auctioned. Reminder - my land auction results newsletter provides facts about current land prices. This can be helpful to families discussing a loved one’s estate or trust that includes a family farm. You may download a current copy or subscribe to the monthly email at . “That’s my story and I’m sticking to it!” Jim “the Land Talker”Read More

Iowa Land Auction Prices, December 4-10, 2021

Iowa Land Auction Prices, December 4-10, 2021

Another week topping $20,000/acre. Lyon County takes highest honors with a sale at $20,500/acre. Delaware County gets honorable mention with a sale of 311.91 acres at $17,400/acre. We’ll have one more week of aggressive auction activity and then just a handful of auctions through the end of the month. If your family will be discussing a loved one’s estate or trust that includes a family farm, my land auction results newsletter can provide you with facts about current land prices. You may download this, or subscribe to the monthly email, here at  . “That’s my story and I’m sticking to it!” Jim “the Land Talker”Read More

More stable, better returns than the stock market

More stable, better returns than the stock market

5 reasons why farmland might be investors' best bet Investors looking for a financially sound long-term investment that is highly likely to generate returns should look no further than farmland. Plus, what’s better about farmland than many other types of assets, farmland can generate income for landowners in the meantime until they are at the point where they wish to sell. Farmland isn’t always an easy asset to get your hands on, though. For those who are not familiar with farming, it is not always easy to manage, either. However, it is fairly well known that owning farmland can be lucrative for the savvy investor who knows their way around agriculture or is able to partner with a farm management firm or a similar professional. So, if you are exploring investment options, then here are five reasons why farmland makes a good addition to any investment portfolio. 1. Farmland may be an opportunity you have never considered Maybe you have never thought of investing in farmland. If that is the case for you, then perhaps that is all the reason you need to look into it as an option. According to Forbes, the global farmland market is worth nearly  . It also has a history of providing investors with high returns and low volatility. That market in the U.S. alone is about $2.5 trillion. The value of land likely will continue to increase, too, as the world population is set to only increase. This will drive the demand for the food produced from land higher, taking land values up with it in most cases. 2. Farmland fits in any investment portfolio Take any investor’s portfolio and we can assure you that there is room for farmland. It goes well with just about any portfolio and plan. A couple of the reasons why is that it is not as susceptible to inflation and its ups and downs run opposite to other types of conventional equity investments, according to  . 3. Tax exemptions and government assistance There are some   to owning and investing in farmland that you may not know about. Did you know that income from land that is used for farming is exempt from the wealth tax? That’s a clear benefit of owning farmland for investors who either farm the land themselves or have entered into an agreement with a tenant farmer to farm the land and charge rent or share revenue in one way or another. On top of that, mortgage interest can be deducted from your taxes, too. Plus, if that wasn’t enough, there are also plenty of government grants that are available if you are looking to do the farming or livestock raising yourself. These opportunities are certainly worth looking into if you are familiar with farming. 4. More stable, better returns than the stock market Most investors are familiar with the stock market. It is, after all, where most people invest their money. But investing in agriculture and land may be a better deal, as farmland is often   than the stock market. With land, value only appreciates over time. The same cannot be said for stocks. Returns from land also outpace returns from stock. According to Harvest Returns, the   on farmland has averaged 11.5% over the last 25 years. Stocks, on the other hand, may get a 6-7% return, but even that’s if you sit tight with those for the long-term. Again, that comparison is on average and the return may not be totally consistent from year to year. And, as with all types of investment, there are various risks to weigh, so it’s best to speak with a financial advisor. 5. More social impact from investing in land There is a lot to be said of the very real   of investing in farmland. It’s about more than the finances for many in farming. For one, an investment in farming can keep farmers farming. The surrounding community also benefits from jobs both directly and indirectly related to agriculture. Putting that land to good use can also help provide food and energy for customers around the world. Put another way, investing in farming can be seen as investing in communities both local and global. It provides tangible benefits for both. How to get started investing in land Getting your foot in the door of the farmland investment market can be tricky for the experienced investor and perhaps a little daunting for those that are not familiar with agriculture or do not have a farming background. Still, with the right advisors behind you, land can be acquired and added to your investment portfolio in a number of ways. There are many new platforms and programs out there that make investing in farmland easier than it has ever been, but one of the ways to benefit from farmland as an investment and as a source of income is to buy the land directly. That’s when you locate good land that can be used to produce crops or raise livestock. From there, if you are not going to farm the land yourself, you find a tenant farmer or rancher. Buying land directly does have a significant cost at the onset, but the income from either rent or revenue sharing, depending on your lease agreement with that tenant, can prove very fruitful for all parties involved. Whitaker Marketing Group can help investors Getting started in land investment or growing an existing investment portfolio is not easy and should not be rushed. So, no matter your situation, it’s critical that you find a trusted consultant or farm management services provider who can provide you with the proper information and guide you along the way toward achieving your goals. That’s where Whitaker Marketing Group can help. Our team will represent you in a professional manner in all areas concerning your farmland investment, including planning, accounting of farm income and expenses, contract and lease negotiations, soil stewardship, crop insurance and so much more. Let’s work together on achieving your goals.   today.Read More

2021 Iowa State University Land Value Survey

2021 Iowa State University Land Value Survey

Iowa State University Land Survey Show a 29% increase statewide. History of the Iowa State Farmland Survey The survey is an expert opinion survey based on reports by licensed real estate brokers, farm managers, appraisers, agricultural lenders, county assessors, and selected individuals considered to be knowledgeable of land market conditions. Respondents were asked to report for more than one county if they were knowledgeable about the land markets. The 2021 ISU Land Value Survey is based on 645 usable county-level land value estimates provided by 455 agricultural professionals. Of the 455 respondents, 75% completed the survey online. Online responses allow participants to provide estimates for up to 16 counties. A web portal has been developed to facilitate the visualization and analysis of Iowa farmland values by pooling data from ISU, USDA, Federal Reserve Bank of Chicago, and the REALTORS® Land Institute Iowa Chapter, as well as by making use of charts over time and interactive county maps. The portal can be accessed at . Iowa Farmland Value Increase The 2021 state average for all quality of land was estimated to be $9,751 per acre as of November 1, 2021. The statewide average value increased $2,193 per acre from November 2020. The statewide average value increased 29.0% from November 2020 Major Factors Influencing the Farmland Market Most survey respondents listed positive and/or negative factors influencing the land 4 market. Of all respondents, 94% listed at least one positive factor, and 65% listed at least one negative factor. In most cases, respondents listed multiple factors. There were two positive factors listed by over 10% of respondents who provided at least one positive factor. The most frequently mentioned factor was higher commodity prices, mentioned by 28.5% of respondents. Favorable interest rates and strong yields were the second- and third-most frequently mentioned positive factors, mentioned by 24.4% and 7.4% of respondents, respectively. Other frequently mentioned positive factors included limited land supply (7%), strong demand, including from investors (6.8%), COVID-related government payments (6.3%), and good farm economy (4%). There were also two negative factors listed by more than 10% of respondents who identified at least one negative factor. The most frequently mentioned negative factor affecting land values was higher input costs, mentioned by 20% of respondents. Concerns about the sustainability of high land prices and possible changes in interest rates were the second- and third-most frequently mentioned negative factors, mentioned by 12% and 8.5% of respondents, respectively. Political uncertainty related to policies, such as tax law changes, and uncertainty related to COVID-19 were each mentioned by 5%–9% of respondents. Who is buying Farmland? The 2021 survey asked respondents what percent of land was bought from five 5 categories of sellers: active farmers, retired farmers, estate sales, investors, or other. The majority of farmland sales, 54%, were from estate sales, followed by retired farmers at 24%. Active farmers accounted for 9% of sales, while investors accounted for 10%. Estate sales by crop reporting district ranged from 66% in the Northwest district to 43% in the Southwest district. Sales by investors were highest in the South Central district (18%). The West Central district reported the lowest investor sale activity (5%). Source Read More

Iowa Farmland Market - Update November 2021

Iowa Farmland Market - Update November 2021

Iowa Farmland Market Update! Iowa Farmland Prices. The perfect storm! What is driving Farmland? The last 12 months we have seen farmland prices increase quickly. It is not just one thing that is driving the market. It is a multitude of things all combined. First, we had Covid and farmers were granted MFP payments. Then came PPP payments. China was recovering from a swine flu and had requested to buy larger amounts of our corn and bean crops than previous years. We then had an administration change that made people fearful of proposed changes to the way we do business when it comes to transferring farmland from one person to the next. Commodity prices increased and we started to see land prices rise. January to April we sold less farmland than we did in 2020 which created a lower supply issue. Interest rates are historically lower than ever. All combined, these factors have drove farmland up 26.6% year over year. Since May we have sold more acres every month than we did in 2020 (48% more acres). Will land prices continue to stay strong? Is this the new normal? Since I have been alive the price of bread, vehicles, and houses have all increased and they have not gone back down to where they were in my younger days. I feel that farmland will have its ups and downs on a micro level, but I don’t see the price of farmland moving in the downward direction. I do feel that we will see the amount of auctions and acres decrease in time with continued demand for the best investment on earth. “Farmland” Results from the 158 Sales (17,902 acres) this last month have the average for the state at $11,107 high quality ground at $13,552/ acre, and medium quality ground averaging $8,772/ acre. Low quality ground has moved up at an average of $6,345/ 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! Call today to see what your farm is worth and get a free land valuation! David & Ann Whitaker | Iowa Land Guy When you think of Farmland Think of US! Read More

Iowa Farmland Market - Update October 2021

Iowa Farmland Market - Update October 2021

Farmland Market Update! Iowa Farmland Prices. Hotter than a $2 dollar pistol! Land is on the move. There is an incredible amount of land that is changing hands. Generically speaking If you look at the age of the landowner in Iowa over the next 10 years, there will be 1000 acres per county that will change hands. Many people are wanting to sell with the possibility of changes in the tax law. Congress keeps moving the target but as of right now it looks like they will not get rid of stepped-up basis, or 1031. It is still being negotiated but, right now it looks like they are talking about a 5% rise in the federal capital gains. It was said to me last week that all farmland that is being purchased is being subsidized by something else. Another job, other paid off farmland, PPP, MFP, inheritance, old money, and people moving other investments into farmland. I have younger farmers say, “there is no way they can make that cashflow”. They would be correct. To buy farmland in this market you will need to subsidize it with something. That being said, I don’t see us slowing down or the market changing so drastically that farmland will cashflow based off the merit of the crop for a new farmer. The Realtor Land Institute just published their survey that would align with all our numbers. They showed a 18% rise in farmland in the last 6 months and a 26.6% rise year over year. Results from the 167 Sales (18,355 acres) this last month have the average for the state at $10,809 high quality ground at $12,446/ acre, and medium quality ground averaging $8,479/ acre. Low quality ground has moved up at an average of $5,978/ 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! Call today to see what your farm is worth and get a free land valuation! David & Ann Whitaker | Iowa Land Guy When you think of Farmland Think of US! Read More