The ABC 6 News Team reports that the average value for farmland in Iowa has declined by 3.1% this year, marking the end of a multi-year trend of rising values. The Center for Agriculture and Rural Development cites lower commodity prices as the main factor for this decline, with the current price for Iowa farmland sitting at just over $11,000 per acre. This news may come as a disappointment for those looking to sell farmland in the state. For more information on this topic and related stories, viewers can visit ABC 6 News’ website.
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ABC 6 News Reports Decline in Iowa Farmland Values
The ABC 6 News Team has announced that the average value for farmland in Iowa has dropped by 3.1% this year, bringing an end to a trend of increasing values in previous years. The Center for Agriculture and Rural Development cites lower commodity prices as the primary reason for this decline, with Iowa farmland now priced at just over $11,000 per acre. This news may impact those looking to sell farmland in the state. For more information on this topic and related stories, viewers can visit ABC 6 News’ website for updates.
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