Although land value differences exist across various neighborhoods throughout the State of Iowa,the Iowa farmland market continues to show somewhat surprising resiliency and stability.
Fall harvest operations have nearly concluded across the State of Iowa. Despite variable growing season conditions, strong yield expectations were met (or exceeded) in most regions of the state. Strong overall yield results will be supportive to a land market that otherwise faces some headwinds going into the off-season including higher interest rates, relatively weak commodity price levels, and significant trade uncertainties.
Fall harvest operations continue across the State of Iowa. Even though crops were ready, persistent rainfall patterns across many areas of the state delayed early harvest activity. Early yield reports that have come in have been quite strong in eastern Iowa, while early yield totals in other areas have tended to be more variable, especially in the central, north-central, and northwest crop reporting districts. A more complete accounting of yield results will soon be reported. Despite variable growing season conditions in Iowa, expectations were high for prospective yields totals.
Hertz Real Estate Services in Nevada, IA, proudly announces that agent Kyle Hansen, ALC, will serve on the REALTORS® Land Institute Board of Directors as 2019 National President-Elect. Kyle will serve on the RLI National Board of Directors as a part of their Executive Committee alongside 2019 President Jeramy Stephens, ALC, of Stuttgart, AR, with National Land Realty and recently-elected 2019 Vice President Renee Harvey, ALC, from Paris, TX, with Century 21 Harvey Properties.
The 2018 version of the fall harvest season is continuing across the State of Iowa. A more complete accounting of yield results will soon be reported. Despite widespread early season struggles, as we approached fall harvest, expectations were high for prospective yields totals. Time will tell if pre-harvest expectations were met, or not, and the answer to that question will likely to show up to impact the land market this season.