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Iowa Farmland Increases 13 percent in Six Months Posts 33 percent Annual Gain
Source: AGWeb, by Mike Walsten
The value of Iowa cropland rose 12.9% from March to September, according to the semi-annual survey conducted by the Iowa REALTORS Land Institute. Combining that 12.9% increase with the 19.7% increase reported in the RLI's March survey indicates a statewide average increase of 32.6% for the year from Sept. 1, 2010 to Sept. 1, 2011, says the Iowa RLI. Kyle Hansen, ALC, Hertz Real Estate Services and survey chair, says the 32.6% yearly gain is the largest percentage increase or decrease since the survey was created in 1978. September 13, 2011
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