Farmland sales seem to be on the rise and a recent auction in northwest Iowa really shows that.
A 76.5-acre farm just sold for over $2 million. That is nearly $27,000 per acre.
The land, split into two tracts, attracted significant attention, with about 1,000 people tuning in to watch the auction.
While farmland values across Iowa have dipped recently, high-quality properties like this one are still fetching top prices, thanks to prime soil and strong corn productivity.
Related Stories
Now that Washington lawmakers have passed a 45-day stopgap, they have some breathing room to work through some hot-button topics like the high cost of the upcoming Farm Bill, which is due in large part to the funding necessary to support the Nutrition Title.
To mark the end of National Chicken Month, we take a look at how the U.S. poultry industry is making a slow and steady recovery following the widespread outbreak of High-Path Avian Flu (HPAI) in 2022 that devastated commercial flocks across the country.
