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NEW RECORD PRICE SET FOR IOWA FARMLAND, DESPITE DROUGHT
Oct. 26, 2012
Source: Land Owner newsletter
Now it's $21,900 an acre for Sioux County, Iowa farmland.
Remember that $20,000-an-acre auction in Sioux County about a year ago?
Well... never mind. Now it's $21,900 an acre. The parcel, sold today by Rich Vander Werff, Vander Weff & Associates, Inc., Sanborn, was 80.5 acres located a little southwest of Boyden.
It featured 79 flat tillable acres and carried a CSR of 84.1. The county average is 64.8. Wow!
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