EIF-A_Lasting Contributions

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LAND VALUES next year or so,” she said. And although the land market is likely to face declines in the short run, she said, Chandio, McNeil and Schwager all share the opinion that they don’t foresee a sudden collapse of the agricultural land markets in the near future. “There have been three ‘golden’ eras for Iowa land values over the past 100 years,” Chandio said. “The first one ended in a long, drawn-out decline in land values from 1921 to 1933, the second golden era ended with a sudden collapse from 1981 to 1986. The third golden era ended with an orderly adjustment in values from 2014 onwards as opposed to a sudden collapse. We are now at the cusp of another great period of farmland values, and if the economy bypasses a recession as planned, we should be able to end this era without a rapid collapse in land values.” n LAND VALUES SURVEY KEY FINDINGS The Ag Economy Barometer led by Purdue University, a nationwide monthly agricultural producer survey, showed that most surveyed farmers expect higher farmland prices 12 months from now, mostly due to strong investor demand which is expected to outweigh the rising costs, lowering prices, and higher interest rates. The 2023 survey reported that investors represented 24% of land sales, which is slightly lower than the 27% in 2022, coinciding with the fall in inflation. Consistent with previous years, the majority of farmland sales, 70%, were still to existing farmers, of which existing local farmers captured 69% of land sales. Farm income, though lower than last year, is still higher than the pre-pandemic levels. At least 84% of Iowa farmland is fully paid for, and farmland is increasingly viewed as a more stable and robust investment option given greater general economy and geopolitical uncertainty. Source: Center for Agricultural and Rural Development (CARD) annual land values survey Spring into the new season with First Trust & Savings Bank! Available for all your agriculture loan needs Serving our local economy since 1886 with 174 years of lending experience VISIT ANY OF OUR 7 LOCATIONS! • WHEATLAND 563-374-1247 • DIXON 563-843-2000 • LOST NATION 563-678-2660 • CALAMUS 563-246-2636 • GRAND MOUND 563-847-2500 • DONAHUE 563-282-9800 • ELDRIDGE 563-285-2265 STEVE VONMUENSTER Wheatland MEGHAN BONEFAS Wheatland RYAN BURKE Grand Mound EVAN TRENKAMP Grand Mound JULIE OLSON Grand Mound JUSTIN SPARKS Lost Nation DAVE MANGAN Donahue DARON OBERBROECKLING Eldridge eifarmer.com SPRING 2024 | EASTERN IOWA FARMER 37
Page 1 and 2: The Eastern Iowa Spring 2024 Farmer
Page 3: TODD HUSMANN Channel SeedPro Center
Page 6 and 7: Harvest financial growth, season af
Page 8 and 9: The Eastern Iowa Farmer® DIRECTORY
Page 10 and 11: Farmer The Eastern Iowa Spring 2024
Page 12 and 13: EASTERN IOWA FARMER PHOTOS / BRITTA
Page 14 and 15: OCTOGENARIAN FARMERS on his family
Page 16 and 17: OCTOGENARIAN FARMERS ers’ health.
Page 18 and 19: OCTOGENARIAN FARMERS “Everyone el
Page 20 and 21: OCTOGENARIAN FARMERS “One thing a
Page 22 and 23: GREG BOPES AFM gbopes@ohnward.com 5
Page 24 and 25: INTO THE WOODS No other tree in Eas
Page 26 and 27: Meat Bundles *Steaks amount based o
Page 28 and 29: INTO THE WOODS practices include pl
Page 30 and 31: By KRIS KOTH Clinton County Executi
Page 32 and 33: LAND VALUES SLOWING THE PACE Iowa f
Page 34 and 35: LAND VALUES “At end of day, land
Page 38 and 39: The Eastern Iowa Farmer Anywhere, A
Page 40 and 41: NEVER SETTLE WITH THE CUTTING-EDGE
Page 42 and 43: for generations to come 42 EASTERN
Page 44 and 45: LASTING CONTRIBUTIONS Jerry Naylor
Page 46 and 47: LASTING CONTRIBUTIONS On July 13, 1
Page 48 and 49: Your Source for Ag Equipment Altorf
Page 50 and 51: LASTING CONTRIBUTIONS as expensive
Page 52 and 53: LASTING CONTRIBUTIONS Cornelius ‘
Page 54 and 55: LASTING CONTRIBUTIONS “Her heart
Page 56 and 57: GROW YOUR FARM! Explore financing o
Page 58 and 59: LASTING CONTRIBUTIONS children, att
Page 60 and 61: LASTING CONTRIBUTIONS WORDS WRITTEN
Page 62 and 63: LASTING CONTRIBUTIONS ‘Do it for
Page 64 and 65: COMMITTED TO COMMUNIT Y LIQUI-GROW
Page 66 and 67: Farming is Your Tradition. Providin
Page 68 and 69: Transport with us. We’ll get your
Page 70: LASTING CONTRIBUTIONS Bud Knake Bel
Page 73 and 74: FOUNDED IN FAITH FORGED IN AMERICA
Page 75 and 76: PAUSE. PLAN. PLACE. Hybrid selectio
Page 77 and 78: LIFETIME LESSONS This is something
Page 79 and 80: MAKING A FENCE SETTING BOUNDARIES F
Page 81 and 82: MAKING A FENCE Chris; and daughters
Page 83 and 84: Pictured: Steve Brandenburg (left)
Page 85 and 86: COMMUNITY TAPESTRY with them. They
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COMMUNITY TAPESTRY EASTERN IOWA FAR
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Does your Yield Pyramid have a soli
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INNOVATION EASTERN IOWA FARMER PHOT
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INNOVATION ATTENTION HIGH SCHOOL ST
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Reader can provide you with a secon
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SPECIALTY COFFEES • FRESH CUTS OF
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THE LAND loose hay in the barn loft
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Left to right: Kirk Dosland, Tim Sw
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TAX LAWS Farm tenancy income exclus
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TAX LAWS Jody, Laurie, Mckenna and
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TYM Tractors We started Selling TYM
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PASTURE CARE to a new regimen. Adva
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A JAR OF HEALTHY GOODNESS On a cold
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FROM THE FARMSTEAD rows in my garde
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FROM THE FARMSTEAD task is complete
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FROM THE FARMSTEAD Davissonwell.com
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Ag Bytes Lori Schnoor, Natural Reso
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Ag Bytes when I won. Right after I
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Ag Bytes DeWitt Central FFA members
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FEDERAL DEPOSIT INSURANCE CORPORATI
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Ag Bytes reach. “This season will
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2 3 6 7 eifarmer.com SPRING 2024 |
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2 3 6 eifarmer.com SPRING 2024 | EA
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2 3 5 8 7 eifarmer.com SPRING 2024
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Leading the nation in providing int
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EIF-A_Lasting Contributions

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