Despite low agricultural commodity prices, Iowa farmland still seems to be in high demand — with buyers willing to pay near-record prices. At a Sioux County land auction held two weeks ago near Hospers, a tract of 154 acres sold for more than 17-thousand dollars an acre. Jim Klein of Remsen was the auctioneer for that sale….
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Klein says “local people” were bidding for the ground and it was sold to a neighbor who owns land across the road. In addition to row crops, Sioux County has a number of livestock and poultry operations and Klein believes one reason for the high demand for land in the area is so farmers have somewhere to spread their manure…
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A parcel of Sioux County land near the town of Boyden sold for nearly 22-thousand dollars an acre about two years ago, the all-time record price for Iowa farm ground.