Values increased an average of 2.8 percent between last September  and now, according to the Iowa Farm & Land Chapter No. 2 Realtors Land Institute.
Combined with the 1.9 percent drop the Realtors survey showed for the previous six months, that means Iowa farmland values were up by 0.9 of a percent for the year."Positive factors in the market include: low interest rates, a lack of good alternative investments, a limited amount of land for sale, a drop in crop input costs and the fact land is seen as a safe investment."
Now, the article provides an excellent case study for the "laymen" to use Austrian economics for thoughtful analysis and dissect the economic reality affecting everyday folks here in Iowa.
Read the full story here at Examiner.com.