Farmland Values Decrease For Fourth Out Of Five Years
(Ames, IA) — Farmland values across the country are decreasing for the fourth time in five years. According to the Iowa State University Center for Agricultural and Rural Development, this year’s land survey shows just a decrease of less than one percent in farmland value but that equates to about 62-dollars per acre less than last year. The survey claims the biggest reason for the decrease is commodity prices, higher interest rates, and tariffs on various agriculture products.
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