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Midwest Land Management team

What Does an Accredited Farm Manager Actually Do?

September 1 has passed. If you did not serve notice, the lease renewed at the same rate. Against a $290 district average, every ten dollars of gap on a 160-acre quarter is $1,600 a year. The neighbor is usually a fine tenant. The problem is nobody repriced the ground in years.

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Bidders at a Midwest Land Management auction

How Do You Pay for a Farm You Buy at Auction?

Our sale bills read 10% earnest money down day of sale, balance at closing, 30 to 45 day close. On the 113 acres we sold in Elk Township, Buena Vista, at $14,500 an acre, that is roughly $164,000 the day the gavel drops. No financing contingency. Get pre-approved before you bid.

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Sunset over rural Midwest farmland with cornfields, trees, and farm buildings.

The 1031 Exchange Guide for Iowa Farmland Sellers

A 1031 exchange defers capital gains tax on an Iowa farmland sale, but the 180-day deadline is cut short by the tax return due date. For a December 2026 closing, the window is 105 to 121 days, not 180. File Form 4868 before April 15 to restore the full window.

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Aerial view of northwest Iowa farmland in fall 2026, crop color variation across a section line

Northwest Iowa Farmland Values: Fall 2026 Market Update

Statewide Iowa cash rent fell $1 to $270 in 2026, but the northwest district rose $2 per acre and Sioux County leads the state at $332. Four tillable Clay County sales in eight months ran from $15,600 to $22,100 an acre. The block read tells you what the statewide number cannot.

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Timber and recreation ground on an 83-acre Clay County, Iowa farm

What Are Timber and Recreation Acres Worth on an Iowa Farm?

An acre of northwest Iowa timber is worth about a third of an acre of good cropland, and CSR2 will tell you it is worth nothing at all. Here is what actually prices timber, pasture, and recreation ground, why the timber up here sits where it does, and what the Forest Reserve exemption costs you in lease income.

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Northwest Iowa cropland

What Should Your 2027 Cash Rent Be? An Iowa Guide

The 2026 Iowa average is $270 per crop acre. Our own auction results tell a different story: Clay County ground sold from $15,600 to $22,100 per acre this year. Here is how to price your farm off CSR2, yield history, and land value, and why September 1 decides whether you can act on the number.

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Iowa farmland offered in multiple tracts at public auction

How Many Tracts Should Your Farm Sell In?

Splitting a farm into tracts usually raises the total, but not because more tracts means more bidders. It is because a single price per acre forces your best and worst ground to sell for the same number. Here is how far apart your acres have to be before tracts pay, where the lines actually go, and what happens to your FSA base acres when the farm splits.

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Iowa corn at harvest, when flexible farm lease rent is determined

Flexible Farm Leases in Iowa: How They Work and What They Cost

A flexible lease sets your rent after harvest instead of before it. Most Iowa flex leases pay 25% to 40% of gross crop value, or a base plus a bonus. Here is how both formulas work with real arithmetic, why a guaranteed floor is never free, and the yield verification question that wrecks these agreements in year two.

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