Iowa Farmland Values Remain Steady Despite Weather Volatility

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Despite an up-and-down winter with heavy snow, warm spells, and bitter cold, Iowa farmland values have remained relatively stable in recent months. Commodity prices are low, but the limited supply of land for sale and steady demand from local farmers and investors have kept land prices flat. Sales data from across the state shows farmland values ranging from $6,350 to $22,000 per acre, with prices largely tracking the land's Corn Suitability Rating (CSR).

Why it matters

The stability of Iowa farmland values in the face of low commodity prices and volatile weather highlights the long-term fundamentals that continue to drive demand for agricultural land in the state. Farmland remains an attractive investment for both farmers looking to expand operations and outside investors seeking exposure to the sector.

The details

Despite low commodity prices, the supply of farmland for sale in Iowa remains limited, with a small number of local farmers and investors competing for available parcels. This steady demand has helped keep land values flat, even as commodity prices have struggled. Recent sales across the state show a range of prices, from $6,350 per acre in Mills County to $22,000 per acre in Lyon County, with values largely tracking the land's CSR rating.

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