Iowa Land Auction Prices, September 6-12, 2019
It was a very active land auction week with 3,376 acres being offered, of which 2,648 were tillable. We are seeing an uptick of farms that “no sale” during the auction. Some get sold after the auction, some do not. The trend is lower quality farms are tougher to sell. Quality farms command premium prices, as can be seen by the prices of $10,000/acre and higher.
“That’s my story and I’m sticking to it!”
Jim “the Land Talker”
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David Whitaker | Iowa Land Guy