“One example of the shocking jump in prices came at a northeast Iowa auction: 79.6 acres sold privately in the summer of 2020 for $8,464 per acre. The same farm then sold at auction in late October 2021 for $13,100 per acre, a 54% jump in value.” Source: https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2021/11/16/farmland-values-eclipse-records-turn
More to come!