China’s Ministry of Trade announced a new 25 percent tariff on U.S. goods including corn, soybeans, beef, pork, ethanol, cars, and chemicals in response to ongoing threats from the Trump Administration to impose tariffs on Chinese products for intellectual property theft. At the same time, Brazil announced a 37 cent per bushel surcharge on soybean exports.
The farmland market across the State of Iowa remains stable. Value ranges exist for the same quality land in different neighborhoods, and can be affected by several potential factors including the recent volume of land sales, the influence of local livestock production and local growing season success (or lack thereof).
David W Nebel, MAI, ARA
President|Hertz Appraisal Services
415 South 11th Street
Nevada, IA 50201
Depending on your information source, you may have received conflicting information on Iowa farmland values. Are values going down, stabilizing, or dare-we-say…going up?