(Radio Iowa) – The annual Iowa State University Extension farmland survey shows land values statewide increase by point- seven percent an acre. I-S-U’s Rabail Chandio oversees the survey. “This minor increase is the sixth increase in the last seven years. The only exception to that was last year when we experienced a decline, again a minor one,” Chandio says. The increase brings the statewide average this year for an acre of farmland to 11-thousand-549. She says when you consider inflation, land values are holding steady. “In inflation adjusted terms, we actually see a decline. Overall. I would really classify this change as about stability in the land market rather than growth rather than broad based growth,” she says.

Six of the nine crop districts reported increases in land values. “The highest increases are observed in the northeast corner and the east-central corner and the northwest corner. These are the top three districts reporting highest increases in land values,” Chandio says. “And these are also the areas that are more prone to livestock activity, animal operations within Iowa.” The crop district in the northeast corner of the state saw a land value increase of four-point-one percent. Chandio says the money made from cattle was better than for crops. “The most respondents reported more difficult situations within the crop sector, while the dairy farmers or the cattle sector experienced better gains or better prices this year,” she says. Chandio says the lack of available farmland for purchase helped keep prices up.

“The most positive influence on the land markets again this year was a limited supply of land. Cited as a major positive factor by 21 percent of the responses,” she says. The top negative factor in the value of farmland are the continued low commodity prices. “This factor was cited by 32 percent in our responses…followed by high interest rates, higher input costs, uncertainty around trades and tariffs, as well as the struggles with depleting cash and credit reserves,” she says.

O’Brien County once again has the highest county-level land values at 16-thousand-269 dollars an acre. And the lowest land values are again reported in Appanoose County that stand at six-thousand-679 dollars an acre.

(Radio Iowa) – Iowa Senator Chuck Grassley says the 12-billion dollar farmer bailout program President Trump announced Monday is much-needed and he predicts a great many farmers in Iowa will qualify for it. Grassley says this is quite similar to the help the president offered farmers in 2020 when trade trouble with China impacted U-S agricultural markets. Grassley keeps a very close eye on the daily movements of commodity markets. “Yesterday’s prices in Shell Rock, Iowa, were about $4.11 for corn, still losing money on corn,” Grassley says. “The price of soybeans was down yesterday, I think about 12-cents, and at 10-something, farmers are still losing probably a dollar-and-a-half, a dollar-75.”

Grassley’s son, Robin, raises corn, soybeans and livestock on the family farmstead in New Hartford. The Republican says they had a good crop in Butler County this season, but input costs were up 25-percent, so they’re in the same financial boat as most other farmers. “The last two years, I haven’t been farming with Robin 50-50, like you might call crop share,” Grassley says. “He pays me cash rent, so whether he applies for this aid or not, that’s his business. I’m not going to say anything about that.” Grassley says the program is for farmers who are facing severe losses due to high input costs, falling commodity prices, and international trade troubles.

“The president ran on a platform of tariffs, and for the most part, his tariff programs are working out pretty good for the economy, generally,” Grassley says, “but when you have programs that are working out, sometimes they have harmful effects and these tariffs are having a harmful effect on farmers’ income.” The Farmer Bridge Assistance Program will make payments available to farmers who raise 20 different crops, including corn and soybeans, with the checks expected in late February. Applications need to be in to U-S-D-A by December 19th.

Cass County: Corn $4.12 Beans $10.56
Adair County: Corn $4.09 Beans $10.59
Adams County: Corn $4.09 Beans $10.55
Audubon County: Corn $4.11 Beans $10.58
East Pottawattamie County: Corn $4.15 Beans $10.56
Guthrie County: Corn $4.14 Beans $10.60
Montgomery County: Corn $4.14 Beans $10.58
Shelby County: Corn $4.15 Beans $10.56

Oats: $2.44 (same in all counties)

(Prices are per bushel; information is from the area Farm Service Agency [FSA] offices)

(Radio Iowa) – President Trump says the federal government will provide up to 12 BILLION dollars in one-time payments to farmers being pinched by higher production costs and lower commodity prices. “This relief will provide much needed certainty to farmers as they get this year’s harvest to market and look ahead to next year’s crops,” Trump said, “and it’ll help them continue their efforts to lower food prices for American families.”

Trump made the announcement yesterday (Monday) during an event at the White House. Cordt Holub, a 4th generation farmer who raises corn, soybeans and cattle in Tama County, sat next to Trump. “It’s Christmas early for farmers,” Holub said. “…With this bridge payment, we’ll be able to farm another year…It gets in your blood to farm and what you’re doing here in D.C. is working. You have a backbone to stand up to other countries.”

U-S Agriculture Secretary Brooke Rollins says the payments will be based on 2025 acreage reports that eligible farmers file with the U-S-D-A by December 19th. “So as you are going with your lender, as you are working to ensure and understand what you can plant for next year, you will have that number in hand,” Rollins said. The checks should be distributed by the end of February.

Iowa Farm Bureau President Brent Johnson says farmers are facing severe financial stress driven by high input costs and declining crop prices — compounded by a lack of global trade opportunities. He says the payments will be critical support for farmers while broader trade discussions continue.

Farmers who raise 20 different crops, including corn, soybeans and oats, will get 11 BILLION dollars under the “Farmer Bridge Assistance Program.” The U-S-D-A will use the remaining BILLION dollars to help farmers who grow specialty crops and sugarcane.

(Radio Iowa) – The Iowa D-N-R recently released a series of informational updates on chronic-wasting disease that’s found in deer. State deer biologist Jace Elliott says they want to get information out to update everyone as the deer season is underway. “C-W-D has always been a hot topic. It’s controversial, and it’s important for hunters and the public to understand, you know, there, there’s a lot of information out there and we just want to help provide maybe sort of a biological, scientific and deer management focus,” he says. If you haven’t seen any of the information, you can find it online.

“Our deer hunting website, which is just iowadnr.gov/deer, has a lot of different helpful resources,” Elliott says. “We have a a sub website in there called deer health. You can find a lot of information about C-W-D, including our our interactive C-W-D dashboard.” He says there’s also information on other diseases that impact deer.

” You can also see. our E-H-D and blue tongue reporting tool and dashboard, So, for anybody who hasn’t visited that website, there’s a wealth of information for folks who are interested in in how and why we manage deer in Iowa,” Elliott says.

The D-N-R collects samples from hunters throughout the deer season to test for C-W-D to help track its spread in the state.

(Radio Iowa) – Iowa farmers are starting to talk with lenders about borrowing money to pay for operations, or to buy land and equipment. The Federal Reserve Bank reports weakness in the crop sector weighed further on farm finances, and credit conditions have gradually tightened. Ty Kreitman, an economist with the Federal Reserve of Kansas City, says while we’ve seen a couple seasons of high costs and low crop prices, it’s too early to draw comparisons to the farm crisis of the 1980s.

“We’re in the second year of losses, but we also have to recognize that the two years prior, 2021 and 2022 and to some extent, 2023, were very strong years for crops, across the ag sector, in fact,” Kreitman says. “So, we had substantial increase in farm incomes during those periods. And so, a lot of operations were able to bolster their working capital.” Kreitman says the situation is bleakest in the crop sector, where farmers have been at or below the break-even mark for the past couple of harvests. He says the number of operations they classify as highly leveraged has been creeping up.

“There’s probably about 20% of farm borrowers who have debt-to-asset ratios, so a ratio measuring leverage of above 40%, and I would say that would be considered high leverage,” he says, “and then obviously distributed throughout that, even beyond that, we’re not quite sure how many would have extremely high leverage.” Kreitman says younger farmers and those who rent most of their land have been the hardest hit by the downturn in the ag economy, because they haven’t built equity like more established operations. He says land prices remain near historic highs, meaning many operations have strong equity.

There have been 18 farm bankruptcy filings in Iowa so far this year, the largest number since 2020.

(Radio Iowa) – While some Iowans are grumbling over two consecutive weekends of moderate to heavy snowfall, others are loving it and have learned to embrace all that winter in the Midwest has to offer. Matt Miner is president of the Iowa State Snowmobile Association, based in Cresco. Miner says snowmobiling is a wonderful hobby, as long as all riders follow the basic rules. “We want everybody to have a good time, but we want everybody to be safe. We want them to enjoy the sport, enjoy having fun with friends and family,” Miner says. “We always promote to ride safe and don’t do anything you wouldn’t do in your car. We like seeing the partying and stuff that everybody does, but we don’t want to have it continue on into the sleds and riding when you shouldn’t be riding.”

Iowa DNR photo

Miner says the Iowa Department of Natural Resources offers an online course for new snowmobilers between the ages of 12 and 17. “Just go onto the Iowa DNR website, go under the Snowmobile tab and you can look up the classes,” Miner says. “That’s the only thing we offer right now. We are looking to offer here in the next year or so, hopefully be back into in-person training for youth snowmobiles.” Miner says there are nearly 60 separate snowmobiling clubs in Iowa and each offers its own activities and opportunities to ride the trails. “My home club, we’ve got Snow Fest which will be in 55th year this year, the last weekend in January,” Miner says. “There’s the Winter Games over in Okoboji. We do a thing down in Huxley with spina bifida for the kids with spina bifida. We get them out and have them ride in the snowmobile.”

He says the association has helped to maintain an expansive fleet of trail groomers and a trail system comprising 8,800 miles statewide.

Cass County: Corn $4.12 Beans $10.60
Adair County: Corn $4.09 Beans $10.63
Adams County: Corn $4.09 Beans $10.59
Audubon County: Corn $4.11 Beans $10.62
East Pottawattamie County: Corn $4.15 Beans $10.60
Guthrie County: Corn $4.14 Beans $10.64
Montgomery County: Corn $4.14 Beans $10.62
Shelby County: Corn $4.15 Beans $10.60

Oats: $2.46 (same in all counties)

(Prices are per bushel; information is from the area Farm Service Agency [FSA] offices)