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Iowa State University Extension

Iowa land value upward trends may be slowing, survey says

Iowa Land Value Survey and Mike Duffy

The average value of an acre of farmland in Iowa reached $4,468 in 2008, continuing to increase for the ninth year in a row, according to an annual survey conducted by ISU Extension. Mike Duffy, ISU Extension farm economist who conducts the survey, said the indicators toward the end of 2008 imply the upward trend may be slowing as the national economy battles recessionary pressures. Visit the Iowa Land Value Survey Web site to watch a video of the Dec. 16 news conference announcing the results.

This article appeared in January 2009 -- From Jack Payne Newsletter