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How Do Farmland Auctions Work?

How Do Farmland Auctions Work?

“How do farmland auctions work? ” Fairly often I get this question and I first offer my joking response “pretty darn good”.  It’s not extraordinary that you wouldn’t understand how a farmland auction works, most people that are not farmers don’t go to them and if you are selling a farm there is a high likely […]

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Iowa Department of Revenue Releases Farm Productivity Values

Iowa Farm Productivity Values

Like all real estate it must be assessed from time to time to determine its value for tax purposes.  The Iowa Department of Revenue has released new figures for 2017 showing a decline of 10.6% or $1926 per acre in the 5 year moving average calculation.  While the average statewide fell not all counties in the state […]

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Does Having An “Outside” Auctioneer Hurt Your Iowa Land Auction?

Does Having An “Outside” Auctioneer Hurt Your Iowa Land Auction?  I’ve had this question asked of me more than once. Some people worry if they hire an auctioneer they perceive as not a regular in a certain market that could somehow impact the results of their auction.

First of all I think its important to know exactly what an “outside auctioneer” […]

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Iowa Farmland Market Update

Today’s land market vastly different from what we have been used to seeing in some ways and still not much different in other ways so todays Iowa Farmland Market Update will center on land volume and land prices.  In visiting with my peers across Iowa they say many of the same things I think or see at DreamDirt so I’ll […]

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2017 Iowa Farmland Cash Rent Rates

Iowa farmland cash rent rates have declined for the 4th year in a row according to the newest Iowa State University report which was a result of 1448 statewide survey’s.   Farmland rents have fallen 4.8% in the past year and as measured for the 2017 crop year.  This represents a drop of 18.9% since the beginning of the decline […]

Also posted in Auctioneers in Iowa, farm economy, farmland leases, Farmland Ownership, farmland prices, Iowa Farmland Rents, Iowa Farmland Values, iowa land prices, Land Values | Tagged , , | Comments Off on 2017 Iowa Farmland Cash Rent Rates