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| North/northwest Iowa setting record prices. No sign of backing off. 8 percent interest has driven prices a pinch higher in the last 6 months. the 13-16k ground is pushing into 17-18 range. Hasnt been a sale that raises eyebrows in a "shouldve went for more" for 6 years. Take top two county tier from SD border to I 35. Still a mix of farmers and non-farm investors at the table. However, it seems fashionable for alot of non farm businessmen who have figured out how to make lots of money to sell out and try their hand at grain farming. Must be a location thing. | |
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Where are all the land investors?
