November 2024 Land Values Update for Iowa

accountMktgLSB | calendar-monthNovember 14, 2024

Doug Hensley, President of Hertz Real Estate Services, shares the latest land values update for our reporting state of Iowa. Although signs point to softening land values as predicted, early harvest results are offering “more smiles than frowns.” Key land sales from Iowa’s 9 state regions are featured – https://bit.ly/4fCMI6S

Farmers feel squeeze of land prices

accountMktgLSB | calendar-monthNovember 1, 2024

University of Illinois agricultural economists Gary Schnitkey and Nick Paulson recently presented key information covering USDA projections, an outlook on farm rental rates and land values. Learn more in this Ag Update report, detailing their shared USDA NASS data and more on farmland values in our Midwest reporting states of Illinois, Iowa, and Indiana – https://bit.ly/3NMXuvx

Land Values for our Midwest reporting state of Iowa.

accountMktgLSB | calendar-monthOctober 15, 2024

Doug Hensley, President of Hertz Real Estate Services, shares that although land values in Iowa are softening as predicted, the positive early harvest results and the recent short-term interest rate cut shows the market still producing some impressive sales. See details to the 9 Iowa counties highlighted in “Iowa farmland values are cooling” from Farm Progress – https://bit.ly/4eHLEi4

USDA Land Values Summary Report 2024

accountMktgLSB | calendar-monthOctober 10, 2024

Here is the USDAs latest Land Values Summary Report 2024 for our Midwest Reporting states –
Our Corn Belt States: Illinois, Indiana, Iowa, and Ohio, cropland values climbed by an average of 4.5% to $8,560. The average cropland value in our Northern Plains states: Nebraska, North Dakota, and South Dakota was $4,040 per acre, an increase of 6.6%. Our Lake states: Minnesota and Wisconsin saw an average price increase of 4.2% to $6,470. Full Report details here – https://bit.ly/4eEQcWe

The Glass is Half…

accountMktgLSB | calendar-monthSeptember 26, 2024

Farmers National Company’s latest news report looks at land values over the last 10 years, current trends and the outlook for this fall. Examining land sold in our reporting states of Iowa and Minnesota from 2014 to 2024, industry cycles are clearly demonstrated. As land values and the industry move through these cycles, farmland continues to show its strong investment value over time. Read more here – https://bit.ly/3N1yWOU