The reasons for rising farmland prices

IARN — A recent farmland sale in Plymouth county set a new state record for Iowa going for $26,250 per acre. That sale was for 55 acres and a total of $1.44 million.

Karl Setzer, Commodity Risk Analyst with AgriVisor, says there are many reasons why farmland sale prices are going up despite higher interest rates and high input costs.

For more on this story visit the Iowa Agribusiness Radio Network.

IARN Stock Photo

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