AG BANKING: Farmland price worries overblown Comments for AG BANKING: Farmland price worries overblown at http://www.ababj.com , comment 0 to 1 out of 1 comments http://www.ababj.com Wed, 22 May 2013 10:10:43 +0100 FeedCreator 1.7.2 That's the story in South Dakota http://www.ababj.com/briefing/ag-banking-farmland-price-worries-overblown-2468.html#pc_1078 I heard about an Iowa farm selling for $20,000 per acre this week not far from Sioux Falls. NW Iowa prices have been especially crazy. However, it is very true that the sales are mostly being paid in cash, not financed from debt. That is a big change from the 80's. [Written in reaction to the ABA Banking Journal article, "Will 1980s lessons bar ag rerun?" - Jeff Rodman, First Premier Bank, Sioux Falls, S.D. Fri, 09 Dec 2011 14:16:22 +0100