Flash Flood Warnings

AGRIBUSINESS: Iowa Farmland Prices Up 20 Percent

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

Iowa now has the fifth most expensive farmland in the nation, following a massive price spike this year.

Farmland jumped 20 percent to $8,400-per-acre from 2012 to 2013. This puts Iowa behind only Massachusetts, Rhode Island, Connecticut and New Jersey.

However, 20 percent was not the biggest surge.  North Dakota farmland jumped in price by 36 percent and South Dakota.

The national average increased by 9.4 percent to $2,900-per-acre.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.