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

Lands Value to Agriculture

accountMktgLSB | calendar-monthOctober 28, 2024

The latest landowner news report from Farmers National Company, discussing land values to agriculture resiliency for our Midwest reporting states. Gain insights to buyers’ motivating factors, concerns, and market drivers impacting farmland sales – https://bit.ly/4hrly4H

Land Values for our Midwest reporting state of Indiana

accountMktgLSB | calendar-month

Two key Indiana real estate firms in farmland sales, auctions, and management, share their thoughts on the recent Purdue Farmland Value & Cash Rent Survey report. Hear their insights on our Hoosier’s states 4.8% increase from 2023 to 2024, trends for 2025, and the predicted 13% increase over the next 5 years. Farm Progress – https://bit.ly/3BWktkU

Purdue University Report – https://bit.ly/3UrNKup

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Land Values for our Midwest reporting state of Indiana – Land Sales Bulletin

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Oct 28, 2024 - Insights to Indiana land values and forecasted trends

Purdue University Report – https://bit.ly/3UrNKup

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

Farm sales down; quality drives values

accountMktgLSB | calendar-monthOctober 9, 2024

Today’s October 9, 2024 Farm Progress report features our Midwest reporting state of Minnesota. September has proven to demonstrate an increase in land values and a stable holding in the land market. Although the number of farm land sales is down from last year and the uncertain early harvest reports, supply and demand is still notable, with farmers leading the charge on quality farmland purchases. Learn more here – https://bit.ly/47YjEEj