Iowa farmland remains one of the most closely watched indicators of the state’s agricultural economy strength. Even with falling commodity prices and tighter profit margins, interest in ground across the state hasn’t let up. Farmers and landowners alike are keeping a close eye on what’s driving the current market.
Farmland values have remained remarkably steady over the past year, despite tightening profit margins in agriculture. According to Tom Schutter, Area Sales Manager and Broker for Farmers National Company in Iowa and southern Minnesota, this stability is due primarily to one factor—limited land availability.
Schutter says that the spring of 2025 saw one of the lowest land supply periods in the last decade. While land prices dipped in 2024, the sharp drop in supply has played a major role in supporting current value levels.
Still, land values often lag behind broader commodity trends. Schutter pointed to declining grain prices—specifically corn—as a key driver of recent shifts in the land market.
In a market with more buyers than sellers, what can potential landowners do to stand out? Schutter says it starts with having strong relationships and not being afraid to express interest early—especially for young producers looking to expand.
For those looking to explore opportunities or track local land trends, Schutter recommends visiting farmersnational.com or following the company’s regional updates on Facebook.
