Iowa Chapter of ASFMRA

The Iowa Chapter was chartered in 1941 to empower rural property professionals by providing education and promoting ethical and professional standards. The Chapter promotes the professions of farm management, agricultural consulting, and rural appraisal by holding meetings for the exchange of ideas, conducting education, and holding its members to a Code of Ethics and Standards of Professional Practice. 

The Chapter hosts two meetings annually, typically in early February and early spring.  The chapter collaborates with other organizations to bring USPAP, as well as a spring meeting focused on land values.  The Iowa Chapter also coordinates the annual Iowa State University Soil and Land Management conference, which is the longest-standing continuing education conference on the Iowa State University campus, drawing over 300 participants each year.  The Iowa Chapter recently started a Young Professionals Networking group that already has 32 members, and grants four $1,250 scholarships every year to students at Iowa State University.  The also participate with Iowa State University Extension Farm Management staff by providing data for survey’s on land values, cash rents, farm building rent, and the annual custom rate guide.

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  • Iowa Land Values Have Hit Bottom, Moving Higher, Survey Says

    AMES, Iowa— The value of Iowa farmland is seen as bottoming out and making gradual moves higher, according to survey results released Wednesday.

    Those attending Iowa State University’s annual Soil Management Land Valuation Conference (SMLV) see a flat to slight decline in values short term, but rising values in the long term.
  • Local values can differ widely

    From neighborhood to neighborhood, there are ranges in value for the same quality land. Many factors influence local values including the number of recent land sales, influence of local livestock production, and recent crop production results. The highest-quality farms from a production standpoint (highly productive soils, solid fertility and drainage, and high “farm-ability”) continue to outperform those farms with poorer soils, waterways or other obstructions.

    Across Iowa, there is also interest in farmland from both local and non-local investors. Some are seeking diversification for their overall investment portfolios; others are seeking to complete 1031 tax-deferred exchanges after having sold land in more urban areas.

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