Having a little more liquidity on hand has kept demand strong for high quality, productive ag land. Near record low interest rates and limited farmland parcels available for sale have turned most states on the map green. Minnesota, Iowa, and western Missouri land values rose an estimated 10-12% during the first quarter of 2021 when compared with the first quarter of 2020. Areas subject to extreme drought in states like Colorado and Wyoming saw little movement in land values.
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