Iowa Farmland Rents
Why won’t farmland prices come down to more closely match the lands ability to create income? This was the subject of a post I came across on Facebook last evening. Iowa Farmland Appraiser Jim Rothermich posted a link to an article on AgWeek titled “Why don’t land values match commodity prices more closely” As you can imagine this is something that’s […]
As we approach the end of 2017 and get ready to turn our calendars to 2018 it gives us an opportunity to reflect on the past year and look forward to the next year. 2017 was one for the record books here at DreamDirt. 2017 is the year people in our position felt the economic shift that many had expected […]
Iowa Farmland Prices October 2017 Farmland Results
October was an extremely busy month at DreamDirt with land sales and land auction across Iowa and Nebraska as well as setting up a very large auction in Minnesota. Our team worked thought the entire month without much of a break and results for October were again strong and in some cases surprisingly strong.
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 […]
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 […]