U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > U.S. Forums > Iowa
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 02-15-2009, 09:25 PM
 
22 posts, read 86,910 times
Reputation: 33

Advertisements

Hi all,

I was just wondering how the downturn in the Iowa biodiesel/ethanol market was affecting Iowa land values and the Iowan economy as a whole.

I'm looking to buy some hunting land in the next year. A lot of it comes with farmland, but I'm wondering if now is a bad time to buy. Seems like land prices may have peaked and are heading down.

BTN
Rate this post positively Reply With Quote Quick reply to this message

 
Old 02-15-2009, 09:53 PM
 
Location: Iowa
3,025 posts, read 3,339,730 times
Reputation: 3823
Far as I know, although some of the ethanol plants went bankrupt, they were sold to new owners and will remain operational. I don't believe farmland is going to drop in value too much, but it won't go up anytime soon. The economy is still pretty good in Iowa, but it's getting worse. The state government has to make 6% budget cuts across the board this year. Unemployment is only 4% but rising. With the drought in China, I doubt grain prices are going to drop a whole lot, if they do it will be mostly from the lower cost of fuel to plant and harvest.
Rate this post positively Reply With Quote Quick reply to this message
Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Iowa
Follow City-Data.com founder on our Forum or

All times are GMT -6. The time now is 01:07 PM.

© 2005-2020, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top