The following commentary does not necessarily reflect the views of AgWeb or Farm Journal Media. The opinions expressed below are the author's own.
Mike Walsten has covered major business trends in agriculture for more than 40 years.
The value of Iowa farmland jumped 32.5% in 2011, according to the Iowa State University annual land values survey. The survey pegged the average value of an acre of Iowa farmland at a record $6,708 per acre. The highest percentage increase was 37.7% posted by Scott County with an average value of $9,223 per acre. The highest average county value was reported in O'Brien County at $9,512 per acre. The northwest crop reporting district, of which O'Brien County is a part, reported the highest average land value at $8,338 per acre.
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