2024 could go down as the worst financial year for farmers since 2007, and more than half of the ag economists surveyed in the Ag Economists' Monthly Monitor think agriculture is already in a recession. But don’t tell the Iowa and Missouri land markets that. Two land sales last week came in at a whopping $17,000 per acre, and one in Iowa topped $20,0000 this week.
The sheer dollar amount of all three sales is notable, but the biggest surprise was the sale in Iowa County, Iowa.
It consisted of three tracts, the first of which sold for $17,000.
By Tyne Morgan
October 30, 2024
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