Iowa Land Auction Prices, February 17-23, 2024
February 26, 2024
Dallas County tops the market at $17,400/acre. Honorable mention goes to Henry County at $16,063/acre. Land market conditions are adjusting to current economic conditions. Corn prices are much lower than a year ago and have the potential to go lower. I am hearing soybeans will be more profitable than corn this crop year. That tells me margins are tight. Market conditions are adjusting to this reality.
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“That’s my story and I’m sticking to it!”
Jim “the Land Talker”
Jim Rothermich, MAI, ARA, ALC
Iowa Appraisal
theLandTalker@iowaappraisal.com ∣ @theLandTalker
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