Iowa farmland values decline nearly 9%
The Iowa Realtors Land Institute farmland survey through March shows the average value of cropland fell to $6,732 an acre, 8.7 percent lower less than a year ago, or 22.5 percent lower in 2013. Farm incomes gave been dropping at even higher rates. SILT helps farmers take land access out of the equation, lowering the need for huge capital investment and reducing the risk of defaulting on payments. https://www.desmoinesregister.com/story/money/agriculture/2016/03/30/survey-iowa-farmland-values-decline-nearly-9-percent/82430564/