2022 Iowa State University Land Survey

The 2022 Iowa State University Land Value Survey reported a 17.0% statewide increase, pushing average Iowa farmland values to $11,411 per acre from November 2021 to November 2022. This marks the highest nominal land value ever recorded since Iowa State began tracking farmland values in the 1940s. History of the Iowa State University Land Value […]
OCTOBER 2022 IOWA FARMLAND VALUE | IOWA LAND GUY

Hunting to Harvest! I spent most of this month hunting in Montana. When I go west to refresh my brain every year, I am reminded of why so many people have a love for the land; myself included. It is no wonder why people want to own it and/or have the desire to own more of it. There […]
SEPTEMBER 2022 IOWA FARMLAND VALUE | IOWA LAND GUY

A Harvest-Time Perspective on Farmland Markets David’s instructions while he’s away: no talking cows and stay focused on farmland markets. As I was mixing feed for the cattle tonight (yes, I said it), I could hear combines running across the countryside. Harvest is in full swing here in Iowa. Even better, we are already hearing […]
Iowa Land Values Survey Fall 2022

The REALTORS® Land Institute (RLI) – Iowa Chapter released the results of its September 2022 Land Trends and Values Survey, offering insight into statewide farmland market conditions. Overall, the survey shows that Iowa farmland values continued to rise, although the pace of growth has begun to slow. Statewide Farmland Value Trends From March 2022 to […]
AUGUST 2022 IOWA FARMLAND VALUE | IOWA LAND GUY

Iowa has set a record for Farmland…$26,000/ acre farmland in Sioux County, (91 CSR, 80 Acres) We continue to see increased interest in farmland. Commodity prices are going to stay strong due to a lower volume of crops than predicted. The dry weather seems to have us pushing into harvest sooner than later. Many farmland […]
Record Farmland Sale in Iowa | Top Auction Prices for Iowa Farmland

On August 31st 2022 in Sioux County, Iowa 80.29 acres were sold at a record high of $26,000 an acre. This 80.29 acres had an amazing CSR of 91.3 and approximately 78.22 tillable acres. Great farmlands are still selling at excellent prices. Good sale by Vander Werff & Associates. This may have been an outstanding […]
Lots of Land Moving

March is here, and with it comes the push toward planting season. Over the past month, the Iowa farmland market has experienced several moving parts that continue to shape buyer and seller behavior. Notably, Iowa sold more acres in February 2022 than in February 2021—a year that was already considered strong. Since January, we have […]
Iowa Farmland Market Update – January 2022

As we move toward spring, a healthy amount of farmland will continue to come to market. We are seeing sellers and real estate companies work aggressively to accelerate listings in order to capitalize on today’s strong land prices. Now that the dust has settled on 2021, farmland values continue to move forward. While prices may […]
2021 Land Prices – Forged in Farmland – Fueled with Emotion!

Why Farmland Carries More Emotion Than Any Other Asset I have sold all kinds of assets throughout my career, and I still say this with confidence: there is more emotion in farmland than any other asset I have ever sold. Notably, farmland did not back down in 2021, and that forward momentum is carrying into […]
Iowa Land Auction Prices, December 11-17, 2021

Sioux County Leads Iowa Farmland Sales to Close Out 2021 Sioux County earned top honors this week with six farmland sales ranging from $20,100 to $25,100 per acre, once again demonstrating strong demand for high-quality Iowa farmland. Honorable Mentions and Final Auction Activity Dallas County received honorable mention with a notable sale reaching $16,625 per […]