Iowa Appraisal

Iowa Land Auction Prices, September 25-October 1, 2020

Posted on October 5, 2020 at 9:20 AM by Jim Rothermich

Auction activity is slowing down for harvest. It was another good week with only one sale below $100 per point. On Wednesday, the USDA announced big declines in U.S. soybean and corn stocks. Their report showed soybean stocks down 43% and corn down 10% from September 1, 2019. This news positively affected grain prices, which is good, as grain prices are highly correlated with land prices.

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

Jim “the Land Talker”

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