Sunday, February 12, 2012

More On Sioux County Land Prices

Des Moines Register:
History with livestock, or at least olfactory numbness, gives residents patience with the odor, which blows regularly into town. The subject prompts heated debate in other parts of Iowa, but not here.
“Most often it’s pretty tolerable,” said Paul Clousing, city manager of Sioux Center. “You realize that’s what’s going on here. It’s part of our heritage, and what makes Sioux County successful.”
Cows and pigs outnumber people 44 to 1. In 2008, the last year for which the USDA has numbers by county, the headcount was 1.2 million hogs. Farmers in the county raised 330,000 head of cattle in 2011.
The land cranks out wealth, and land prices have risen correspondingly, according to ISU Ag Extension. Farmland in Sioux County sold in 2011 for an average of $9,419 per acre, more than all but one other county in the state — neighboring O’Brien. The state average was $6,708.
$9,400 an acre?  Holy cow.

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