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Iowa | From what I've witnessed- It seems like when commodity prices shoot up so do land prices and cash rents almost instantly.
When commodity prices tank- land prices and cash rents are extremely slow to fall if much at all. 2018 saw somewhat of a pullback in land prices here compared to say 2012/2013 time but I have seen little to no softening here currently from the new highs created roughly 4-5 years ago.
There are several large landowners around here that rent their ground out. I would guess they are like everyone else and use their cash rent income to help fund the next purchase. I highly doubt their rental rates have come down much at all so I don't think folks in that position have even felt any substantial effect of low commodity prices.
Edited by J.L. 4/8/2026 12:24
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Land prices
