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Sunday, December 20, 2015

Farmland values fall in Iowa, but some Northwest Iowa counties buck trend

Farmland values fall in Iowa, but some Northwest Iowa counties buck trend: The reductions followed a statewide trend, as average values overall dropped by nearly 4 percent in 2015, the second straight year of decline, according to the survey.

Only seven counties showed increases in farmland values this year, and four of them are in Northwest Iowa, home to some of the state's most productive ground.

Dickinson, Lyon, O'Brien and Osceola each posted meager gains of 1.69 percent, according to the survey. Overall values this year slipped in eight of the state’s nine crop reporting districts, with Northwest Iowa being the exception.