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Iowa land sets new record

Dec. 22, 2011 | 0 comments

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.

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