The average value of an acre of farmland in Iowa reached $4,468 in 2008, continuing to increase for the ninth year in a row, according to an annual survey conducted by Iowa State University Extension. Mike Duffy, ISU Extension farm economist who conducts the survey, said the indicators toward the end of the year imply the upward trend may be slowing as the national economy battles recessionary pressures.
Iowa State University
Duffy, Michael, "Average Value of Iowa Farmland Nears $4,500 an Acre in 2008 Survey" (2008). Integrated Crop Management News. 733.
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