Jim Rothermich, MAI "the Land Talker"

Jim Rothermich, MAI
With nearly three decades of experience in the farmland real estate industry and his MAI designation, Jim is a respected expert in the appraisal industry. Check out his blog: "Land Talk Weekly" or follow him on Twitter: @theLandTalker to keep current on Iowa farmland information.

Recent Posts

Iowa Land Auction Results: Q3 2018

I would describe the current land market as stable with some local volatility. The following data suggests as much.

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Iowa Land Auction Results: Q2 2018

Based on the data, more land has come to market, so far, in 2018 than in 2017 and the trendlines in many of the following tables indicate some softening has occurred in land prices.

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Iowa Farmland Auction Results: Q3 2017

Land Auctions picked up the last month of quarter 3 with a good amount of land coming up for auction. September tested with market with more land being auctioned than any month in 2017. The quarter 3 data indicates a very stable market. The data suggests that quarter 3 is down slightly from quarter 2 by -0.4% on 85% tillable farms. The data suggests the market has gotten stronger throughout the year and even with more land being auctioned, the market appears to be very strong.

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Iowa Farmland Auction Results: Q2 2017

I have one word to describe the current land market in Iowa - STRONG. This contradicts everything you hear from the news media. No, the news media is not reporting “fake news”. The news media is reporting: lower commodity prices, lower farm net income & lower cash rents than in 2016. All true. What is not being reported is the ultra-low supply of farmland for sale and the amount of pent up demand to buy farmland by farmers and investors. Demand to buy farmland is still very strong in 2017.

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