The Ottumwa Courier

Southeast 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
Southeast Iowa
  • Honey Creek Resort recognized for recycling MORAVIA — Honey Creek Resort State Park on Rathbun Lake has been selected as having the best government recycling program by the Iowa Recycling Association.“Iowa’s Greenest Resort” received the award July 17 during the Iowa Recycling Association annu

    July 24, 2014

  • Mammoth photo 2 Researchers find mammoth ankle

    OSKALOOSA — Researchers at the mammoth dig site in rural Mahaska County recently found an articulated mammoth ankle — a very interesting find.“It tells us something we never knew before,” said Dave Brenzel of the Indian Creek Nature Center. The mammo

    July 24, 2014 2 Photos

  • Van Buren says bye-bye to Waste Management KEOSAUQUA — Waste Management has been charging the Van Buren Community School District an average of nearly $1,600 a month to remove waste and recycled materials from the Douds and Keosauqua centers. Now faced with a bidding process, Waste Management

    July 23, 2014

  • MINE logo.jpg Two arrested on drug charges

    The Mid-Iowa Narcotics Enforcement drug task force executed a search warrant in Knoxville last night. A man and a woman were arrested. 

    July 23, 2014 1 Photo

  • Propane suppliers: buy ahead to avoid price spikes DUBUQUE, Iowa (AP) — State officials and propane suppliers are advising consumers to fill their tanks before cold weather arrives because prices could climb again this winter. The Dubuque Telegraph Herald reports (http://bit.ly/1obSe2U ) prices will

    July 23, 2014

  • Military Retiree Appreciation Day Aug. 28 near Pella A military Retiree Appreciation Day will be held Thursday, Aug. 28 at the Prairie Meadows Race Track and Casino in Altoona, Iowa. Retirees from all branches of the armed forces and their family members are eligible to attend. The event will run from

    July 23, 2014

  • Report: Iowa third among states in child well-being DES MOINES, Iowa (AP) — A new national report on the well-being of children released Tuesday ranked Iowa third in the nation, up four places from last year, the best showing for the state in 25 years. The Kids Counts report from the Annie E. Casey Fo

    July 23, 2014

  • Report: Iowa third among states in child well-being DES MOINES, Iowa (AP) — A new national report on the well-being of children ranks Iowa third in the nation, up four places from last year. The Kids Counts report released Tuesday by the Annie E. Casey Foundation says Iowa ranks first among all states

    July 22, 2014

  • MHP designated a Blue Zones Worksite OSKALOOSA — Blue Zones Project Oskaloosa today announced Mahaska Health Partnership has been named a designated Blue Zones Worksite. Mahaska Health Partnership was designated after completing the necessary items in the Blue Zones Project worksite ple

    July 22, 2014

  • 072214 Medics Skills Photo Local medics advance skills

    Six EMTs from Mercy Medical Center have completed the work necessary to become paramedics.

    July 22, 2014 1 Photo

Obituaries
Record
Facebook
AP National