Iowa farmland values rose a modest 2.8% in the past six months as compared to the previous two years, according to a semi-annual survey released last week by the Realtors Land Institute (RLI) Iowa Chapter.

Climbing interest rates and higher input costs for the 2023 crop are contributing to a slowdown in what has been a two-year farmland value boom.

“There’s definitely more of a push-pull in the market, positive drivers versus negative drivers,” said survey co-coordinator ...