‘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
RFD-TV Ag Law & Tax Expert Roger McEowen outlines the top ten agricultural law and taxation topics from 2024 that will impact farmers and ranchers the most in 2025.
“This is one way that cattle producers can make sure they have a serious voice in promoting and defending their own product in the marketplace...”
“There is a lot of financial uncertainty on the farms right now.”
U.S. Secretary of Agriculture Brooke Rollins announced her five-point comprehensive strategy to fight High-Path Avian Flu (HPAI) on Wednesday in an op-ed published in the Wall Street Journal.