The decline in Iowa cropland values has halted. Whether this is the end to the skid or merely a pause in a larger decline remains to be seen. But a survey of land professionals conducted by the Iowa Chapter of the REALTORS® Land Institute (RLI) uncovered several pockets of green shoots across the state — enough to lift the average value of Iowa cropland slightly on a six-month basis.
The RLI’s March survey found the statewide average value of an acre of Iowa cropland rose 0.9% from September to March. That’s the first uptick in the organization’s survey since prices peaked in March 2013.
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