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Better Farming Ontario Featured Articles

Better Farming Ontario magazine is published 11 times per year. After each edition is published, we share featured articles online.


Farmland prices explode in Iowa

Tuesday, February 1, 2011

Farmland prices are exploding in Iowa and all because of corn and soybean prices, says DesMoinesRegister.com .

Corn is priced 50 per cent higher than in June. Bids of $8,000 (all figures in U.S. dollars) an acre are common. The average appreciation since end of summer is $1,000 an acre, according to the Iowa Realtors Land Institute, which reported an 8.5 per cent increase from a year before.

The Federal Reserve Bank of Chicago reported a 13 per cent rise in farmland values Oct. 1 for the previous 12 months.

Farmers expecting a 40 cent-a-bushel profit on their corn got $2.50. Bankers say loans are being taken out with 55-60 per cent equity, compared to 10-15 per cent in the 1970s and early '80s.

A worry is that a change in either ethanol policy or in federal crop subsidies could dash future profit prospects. Ethanol plants buy the equivalent of half of Iowa's corn. BF

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December 2025

Better Farming Magazine

Farms.com Breaking News

Winter Farm Meeting with Keynote and Networking

Friday, November 21, 2025

The Grey Soil & Crop AGM and Winter Meeting , as well as Social Tradeshow will take place on December 18, 2025, from 5 p.m. to 9 p.m. at the Bognor Community Centre in Bognor, Ontario. The evening format is new this year, offering participants a warm and welcoming environment to connect... Read this article online

Canadian Farmers Seek Fair Succession Tax Reform

Thursday, November 20, 2025

Family farmers across Canada are urging the federal government to update tax rules that they say no longer reflect the reality of modern farming families. Current laws under the Income Tax Act allow farmers to transfer their farms to their own children without immediate tax... Read this article online

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