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
Did you know that eight states raise nearly 77% of the U.S. turkey supply? It’s impressive. But when it comes to the impacts of High-Path Avian Flu on commercial turkey flocks — it also means those same states, in most cases, will bear the brunt of lost production value due to the virus.
Alaskan wildlife officials canceled the 2022-23 Bering Sea Snow Crab season for the first time ever. The Bristol Bay King Crab season is also canceled for the second consecutive year.
