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The value of cropland across the state of Iowa is dramatically on the rise, along with high demand. "Demand for cropland in our area is the strongest I've ever seen," said Tom Marcus, Ruhl&Ruhl Realtor in the Maquoketa area, who has been selling farmland since 1975. "In greatest demand is high quality cropland Corn Suitability Rating of 80 or higher, followed by average Corn Suitability Rating of 60+, which includes a lot of land in our area." The Land Trends and Value Survey, presented by the Iowa Farm and Land Chapter #2 REALTORS Land Institute, reported a statewide average increase of cropland values of 25.4% for the year from March 1, 2010 to March 1, 2011. The survey attributed the increase to several contributing factors, including strong commodity prices, favorable long-term interest rates, limited amount of land offered for sale, lack of alternative investments, higher livestock prices and...
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