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| Farmland purchasers, at least in Iowa, are overwhelmely farmers. This quote from the 2024 Iowa State University Farmland Value Survey, "The majority of farmland sales, 70%, were to existing farmers, of which existing local farmers captured 68% of land sales. Only 2% of sales were to existing relocating farmers. New farmers represented 4% of sales. Investors represented 23% of land sales, with 12% going to local investors and 11% to non-local. Other purchasers accounted for 3% of sales." | |
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Land and Home Prices Ahead?
