Accredited Land Consultant Kyle Hansen explains the latest increase in Iowa farmland values, and speaks briefly to profitability in 2013. The increases in farmland values is shown below.
https://iowaagribusinessradionetwork.com/wp-content/uploads/2012/10/HansenForWeb.mp3 Values below are in Dollars per Acre
High Quality Crop Land
September ’12
March ’12
State Average
$10,445
$9,644
Central
$10,811
$10,185
East Central
$10,384
$9,554
North Central
$10,540
$9,776
Northeast
$11,154
$10,331
Northwest
$11,908
$10,766
South Central
$7,822
$7,538
Southeast
$9,827
$9,082
Southwest
$10,083
$8,823
West Central
$11,475
$10,746
Medium Quality Crop Land
September ’12
March ’12
State Average
$7,877
$7,344
Central
$8,321
$7,895
East Central
$7,646
$7,250
North Central
$8,119
$7,837
Northeast
$8,574
$7,814
Northwest
$9,431
$8,506
South Central
$5,559
$5,269
Southeast
$6,859
$6,435
Southwest
$7,494
$6,938
West Central
$8,894
$8,153
Low Quality Crop Land
September ’12
March ’12
State Average
$5,314
$4,963
Central
$5,745
$5,487
East Central
$5,127
$4,963
North Central
$6,149
$5,573
Northeast
$5,573
$5,208
Northwest
$6,219
$5,707
South Central
$3,688
$3,450
Southeast
$4,068
$3,879
Southwest
$4,800
$4,440
West Central
$6,456
$5,963
