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Iowa's farmland values climbed 3.7% this year over 2022 to average $11,835 per acre, an Iowa State University survey shows. It's the fifth year the statewide average has increased, the survey shows.
Despite the decline, the average value of Iowa farmland remains 58.3% higher than it was five years ago, the report found. ... The highest per-acre farmland sale was $30,000 in Sioux County in 2022.
The average price of Iowa farmland reached $11,835 an acre last year, an ISU survey shows, the second year in a row that values set a record high. They have climbed 63% compared to five years ago ...
The US is the world's largest producer of corn. [8] According to the United States Department of Agriculture (USDA), the average U.S. yield for corn was 177 bushels per acre, up 3.3 percent over 2020 and a record high, with 16 states posting state records in output, and Iowa reporting a record of 205 bushels of corn per acre.
The agricultural policy of the United States is composed primarily of the periodically renewed federal U.S. farm bills.The Farm Bills have a rich history which initially sought to provide income and price support to US farmers and prevent them from adverse global as well as local supply and demand shocks.
And farmland values, often a big part of growers' assets, are holding steady after a couple years of record high prices. Average Iowa farmland values fell 6.4% from 2014 to 2019, an annual ISU ...
In January 2015, the Des Moines Water Works "sued drainage districts in three northern Iowa counties, claiming the tiles there act as a conduit that accelerates the movement of fertilizer from farm fields into Iowa waterways". [14] Between 2010 and 2015 more than 60 Iowa cities and towns had high nitrate levels in drinking water. [14]
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