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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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Farms.com Breaking News

Ontario Apple Growers name new Chair

Monday, January 6, 2025

Chris Hedges of Vanessa, Ontario, has been elected as the new Chair of the Ontario Apple Growers (OAG). After completing a year as the organization’s Vice Chair, Hedges () takes over from outgoing Chair Brian Rideout of Blenheim, Ontario, who has led the OAG since December 2023. Past OAG... Read this article online

A Whole Lotta Innovation

Tuesday, December 31, 2024

A good holiday read is hard to find. Although admittedly not very festive, we’ve got something for you: the Winter 2024 Farms.com Precision Ag Digital Digest. Coming December 28, this issue wraps up 2024 with a whole lotta innovation and a whole lotta love from our team (do you... Read this article online

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