Archive for 2012

Farmland: The next speculative financial bubble?

From the South West Iowa News, Read More It’s been labeled as the next, possible speculative financial “bubble.” It’s farmland. And there is no denying prices are on the rise. In fact, according to Iowa State University Extension and Outreach, Iowa farmland value has increased 32.5 percent from 2010 to $6,708 per acre (Iowa Land [...]

The Farm Sale

Last week marked a quasi-sad day in my life…my dad had his farm sale. The entire north end of town was filled with wagons, trailers, trucks, tractors, implements, combines, and miscellaneous farm parts. It was a culmination of more than 40 years in the farming business, all sold in a matter of six hours. Sitting [...]

Insight: In farm auction frenzy, investors start to bow out

From Yahoo News Click for More SHELBY COUNTY, IOWA (Reuters) – On a recent morning inside a crowded town hall, auctioneer Jeffrey Obrecht sold off a sliver of western Iowa farmland barely wider than a football field. The soil had drainage issues. A muddy creek made it tough for a tractor to reach the back [...]

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