Posted by Fixerupper on January 14, 2011 at 17:28:36 from (207.199.205.40):
In Reply to: farm ground rent posted by hd6gtom on January 14, 2011 at 17:06:47:
Here in NW Iowa it's up to $340 maximum on a farm a few miles south of me and that was attained on an open rent auction. But I'd say we average $200-$240. Around here farmers are pretty tight-lipped about what they actually do pay.
Land prices have gone wild in this part of the state. One quarter went for $8000/A. A couple of old line family farmers locked horns and up she went.Jim
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