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Land values catch fire on ethanol

 

Iowa Farm and Land Chapter #2/Realtors Land Institute
Survey of Farmland Values (in dollars per acre)
March 2007

Area in Iowa
160
bushel/
acre

110-159 bushel/
acre

85-109 bushel/
acre
Non-tillable pasture
Timber
*Past 6 months

Central

4,646
3,820
2,869
1,642
1,562
+13.1%
East
central
4,607
3,863
3,048
1,789
1,743
+12.1%
North
central
4,499
3,929
3,136
1,565
1,388
+20%
Northeast
4,606
3,729
2,827
1,634
1,856
+18%
Northwest
4,339
3,939
3,232
1,533
1,674
+12.1%
South
central
3,246
2,670
2,242
1,431
1,550
+4.9%
Southeast
4,456
3,310
2,486
1,437
1,458
+16.2%
Southwest
3,931
3,298
2,713
1,550
1,467
+15.4%
West
central
4,490
3,889
3,227
1,752
1,517
+10.5%
State average
4,313
3,605
2,864
1,593
1,579
+13.6%

*Percent change since September 2006

See the September 2006 survey results

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