‘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
“It really hamstrings our availability of financing to get loans when everything is costing 30-60% more.”
“It doesn’t matter what we do in Canada or the United States, it’s not going to help the monarch population.”
“Producers want those options for identification and traceability purposes that they were promised back in 2013, and that’s what made it controversial.”