Journal Express, Knoxville, IA

CNHI/SE Iowa

August 16, 2013

Midwest, Iowa farm values steady

OTTUMWA — Iowa's farmland values held steady in the second quarter of 2013, but there were fluctuations depending on where you live.

The Federal Reserve Bank of Chicago says Iowa values were unchanged for the quarter, but up 18 percent compared to the second quarter of 2012. That year-to-year gain closely matches the overall gain in the district, which includes most of the midwest.

The district as a whole also saw no quarterly gains, the first time since 2009 that has happened.

The bank divides Iowa into five districts, with southeast Iowa split between the third and fifth district. In the third district, which includes south-central and southeast Iowa to about Lee County, quarterly values actually fell 9 percent. But the fifth district, which includes areas along the Mississippi River and westward into Mahaska and Keokuk counties, saw a 6 percent quarterly gain.

Experts are split on what the future holds. The federal reserve said the percentage of banks expecting prices to rise in the third quarter is the same as the percentage expecting a quarterly decline. The vast majority, 86 percent, expect values to stay approximately the same.

1
Text Only
CNHI/SE Iowa
  • Sunburn isn't the only sign of summer that can leave you itchy and blistered

    You've got a rash. You quickly rule out the usual suspects: You haven't been gardening or hiking or even picnicking, so it's probably not a plant irritant such as poison ivy or wild parsnip; likewise, it's probably not chiggers or ticks carrying Lyme disease; and you haven't been swimming in a pond, which can harbor the parasite that causes swimmer's itch.

    July 30, 2014

  • Survey results in legislation to battle sexual assault on campus

    Missouri U.S. Sen. Claire McCaskill joined a bipartisan group of senators Wednesday to announce legislation that aims to reduce the number of sexual assaults on college campuses.

    July 30, 2014

  • An alarming threat to airlines that no one's talking about

    It's been an abysmal year for the flying public. Planes have crashed in bad weather, disappeared over the Indian Ocean and tragically crossed paths with anti-aircraft missiles over Ukraine.

    July 30, 2014

  • Sharknado.jpg Sharknado 2 set to attack viewers tonight

    In the face of another "Sharknado" TV movie (the even-more-inane "Sharknado 2: The Second One," premiering Wednesday night on Syfy), there isn't much for a critic to say except to echo what the characters themselves so frequently scream when confronted by a great white shark spinning toward them in a funnel cloud:
    "LOOK OUT!!"

    July 30, 2014 1 Photo

  • Former Centerville teacher drowns in Creston

    A long-time Centerville Community School District teacher and coach has been identified as the man dive teams recovered from a southeast Iowa lake on Tuesday morning.

    July 30, 2014

  • 20140729-AMX-GIVHAN292.jpg Spanx stretches into new territory with jeans, but promised magic is elusive

    The Spanx empire of stomach-flattening, thigh-slimming, jiggle-reducing foundation garments has expanded to include what the brand promises is the mother of all body-shaping miracles: Spanx jeans.

    July 29, 2014 1 Photo

  • Medical marijuana opponents' most powerful argument is at odds with a mountain of research

    Opponents of marijuana legalization are rapidly losing the battle for hearts and minds. Simply put, the public understands that however you measure the consequences of marijuana use, the drug is significantly less harmful to users and society than tobacco or alcohol.

    July 29, 2014

  • linda-ronstadt.jpg Obama had crush on First Lady of Rock

    Linda Ronstadt remained composed as she walked up to claim her National Medal of Arts at a White House ceremony Monday afternoon.

    July 29, 2014 1 Photo

  • Can black women have it all?

    In a powerful new essay for the National Journal, my friend Michel Martin makes a compelling case for why we need to continue the having-it-all conversation.

    July 29, 2014

  • 0729 OTT Picture veteran -T -M Veteran finally receives his medals OTTUMWA — A World War II injury may have saved the life of a U.S. Coast Guardsman from Iowa, but he lost friends and a box of military awards. Francis Hardy Harbour was born on Dec.16, 1919, in Drakesville. He joined the Coast Guard in 1941 as a mach

    July 29, 2014 1 Photo

Features
AP Video
Small Plane Crash in San Diego Parking Lot Dangerous Bacteria Kills One in Florida Visitors Feel Part of the Pack at Wolf Preserve 3 People Killed, Deputies Wounded in NC Shootout Suing Obama: GOP-led House Gives the Go-ahead Obama: 'Blood of Africa Runs Through My Veins' Amid Drought, UCLA Sees Only Water Texas Scientists Study Ebola Virus Smartphone Powered Paper Plane Debuts at Airshow Air Force: Stowaway Triggers Security Review Minnesota Fire Engulfs Home, Two Garages Southern Accent Reduction Class Cancelled in TN Obama Chides House GOP for Pursuing Lawsuit New Bill Aims to Curb Sexual Assault on Campus 3Doodler Bring 3-D Printing to Your Hand Six PA Cops Indicted for Robbing Drug Dealers Officials Unsure of UCLA Flood Repair Date At Least 20 Chikungunya Cases in New Jersey Raw: Obama Eats Ribs in Kansas City Broken Water Main Floods UCLA
Facebook
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Poll

Upon completion and reopening of Third Street, should the City of Knoxville wait to start the next stage of the Streetscape and Infrastructure project until 2015?

Yes
No
     View Results