ISU study show farmland value jump

A recent survey from Iowa State University shows farmland values in iowa have increased $143 per acre to an average price of $7,326. The survey found high quality farmland increased $175 an acre and the highest price paid for farmland in the survey was $10,497 per acre.  While the survey only saw a decline in four of Iowa’s 99 counties, the economists who conducted it warn that it is not an indication a struggling farm economy, which has driven down land prices, has “turned the corner.”