Think home prices are soaring? Talk to a farmer
It may come as a surprise to city dwellers excited by their home values that countless...
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It may come as a surprise to city dwellers excited by their home values that countless...
It may come as a surprise to city dwellers excited by their home values that countless farmers are experiencing a real estate boom that makes residential prices pale in comparison.
Rising values, especially in the Midwest, are due to high prices being paid for the key commodity crops of corn and soybeans
DES MOINES, Iowa — Fourth-generation corn and soybean farmer Jeff Frank doesn’t feel rich, but simply based on the skyrocketing value of his land in northwest Iowa, it’s an apt way to describe him, even if he laughs at the idea.
Rising land values a mixed blessing: enriching farmers with lots of land, making it harder for new, young farmers starting out to get land.