Monday, July 22, 2024
"After hitting record highs, farmland prices expected to drop in 2024"
Assistant Professor Rabail Chandio was recently interviewed by Iowa Public Radio. Chandio spoke with IPR for the article "After hitting record highs, farmland prices expected to drop in 2024." The article focuses on Iowa's farmland prices, which are expected to drop this year after rising for several years. Chandio said that high interest rates and commodity prices will drive land values down. “We expect crop prices to be slightly lower. We expect yields to be very high, but our demand is not there to accommodate all that great production that we’re expecting for this crop year,” she said.
Thursday, March 28, 2024
"SOLD! 230-acre Iowa century farm brings nearly $4 million at auction"
Assistant Professor Rabail Chandio was interviewed by Successful Farming for the article "SOLD! 230-acre Iowa century farm brings nearly $4 million at auction," which focuses on the sale of a Grundy County farm and the average cost of farmland in Iowa.Chandio told Successful Farming “I would say the land sale did not indicate any unusual demand and sold for pretty much a normal price for the region and reflects the current market assessment of the ag experts whose opinions are presented in the ISU Land Value Survey.”
Tuesday, February 27, 2024
"Northwest Iowa farmland sells for $29,600 per acre
Assistant Professor Rabail Chandio was interviewed by Successful Farming for the article "Northwest Iowa farmland sells for $29,600 per acre," which details the record-setting sale of Iowa farmland. Chandio told Successful Farming that the sale was likely a case of “a subset of farmers who have cash saved up from pandemic payments, or even before that, and their eye on a very specific tract.”
Monday, November 6, 2023
"Several factors go into farmland buying decisions"
Assistant Professor Rabail Chandio was interviewed by Ag Update for the article "Several factors go into farmland buying decisions," which examines the multitude of factors that should be considered when purchasing farmland. Chandio told Ag Update that, generally, cash rents and land values move in the same direction, and that survey results show the impact of higher interest. “Interest rate hikes were the most important factor farmers mentioned impacting the farmland market.”
Also appears in:
- https://agri-trends.com/business/several-factors-go-into-farmland-buying-decisions/
