‘Not So Perfect Storm': Sen. Grassley Voices Concern for Slipping Land Values in Iowa

Iowa land values dropped 3% year-over-year. Sen. Chuck Grassley said this discomforting pattern is a harbinger of crisis for farmers, as seen in the 1980s.

WASHINGTON (RFD-TV) — Longtime Senate Ag Committee Member, Senator Chuck Grassley (R-IA), warned other lawmakers that a bit of a crisis is brewing in Iowa, his home state, over land values.

Sen. Grassley said in a floor speech this week that land values are down 3 percent year-over-year in his home state, which he views as an uncomfortable pattern that he has seen play out before.

“In the 1980s, that didn’t happen overnight,” Sen. Grassley said. “It kind of crept up on us very slowly. We don’t want to let that happen again. So, we need to be vigilant today.”

Grassley went on to say that for too long, Congress has waited to act. He is calling on his colleagues to take action and help save family farms.

Related Stories
New wage rules improve accuracy but may still raise labor costs.
Catch the double-episode premiere of Prairie Prophets, Tuesday night at 9 PM ET on RFD Network and RFD+
This Final Rule adopts the changes introduced in the Interim Final Rule, consolidating seven agency-specific NEPA regulations into a single, department-wide framework, reducing the overall volume of regulations by 66 percent.
Seth Tucker of Tucker Farms, a first-generation Arkansas farmer, says rising input costs are forcing changes to his operation, including stepping away from rice this season.
Tight global supply is likely to keep fuel and fertilizer costs elevated.
Dr. Michael Langemeier with Purdue University provided perspective on the improving farmer sentiment and the trends shaping the agricultural economy moving forward.

LATEST STORIES BY THIS AUTHOR:

Aris Georgiadis with Dairy Management Inc. joined us to discuss the “Dairy Does More” campaign and how it is working to boost demand for dairy.
While social media has labeled the possible event a “Godzilla El Niño,” experts say the intensity remains uncertain—but the signal for a stronger pattern is there.
Rising diesel and energy costs are squeezing farmers and rural communities, increasing production expenses and raising concerns about consumer demand for beef even as U.S. meat exports regain the Australian market.
Farmer John Jenkinson shares the latest on planting conditions in Kansas and what producers are facing this season.
Rising input costs may squeeze margins and shift planting decisions. Scott Metzger with the American Soybean Association discusses fertilizer market pressures and what is at stake for farmers as planting season ramps up.
Texas ranchers and lawmakers warn of renewed New World screwworm risks, highlighting prevention efforts, border concerns, and the role of sterile flies in protecting U.S. livestock.