Iowa Land Auction Prices, September 11-17, 2020

It was an active week with very strong prices. Next week will also be very active and the market will be tested. There was good news this week as the USDA announced a second round of Coronavirus Food Assistance Program (CFAP). This round of CFAP is said to be $14 billion, with the largest portion of aid going toward crops and livestock. Applications will be accepted starting September 21. The soybean market hit a two-year high this week. This will add optimism to market participants.

“That’s my story and I’m sticking to it!”

Jim “the Land Talker”

@theLandTalker
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