Iowa land sets new record
A land sale in Sioux County of northwest Iowa set a new state record this week when a buyer paid $20,000 per acre for a 74-acre parcel.
According to the Iowa Farm Bureau, the previous record was set in October at another sale in Sioux County. A 120-acre tract drew $16,750 per acre at that sale.
Iowa State University will soon release its annual survey of Iowa farmland prices.