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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 ...
A new U.S. Department of Agriculture report shows cropland in Iowa climbed 4.1% to an average of $9,800 an acre, based on a snapshot of farmland values in June compared to the same month a year ...
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In 2011, the state had 92,300 corn farms on 30,700,000 acres (12,400,000 ha), the average size being 333 acres (135 ha), and the average dollar value per acre being US$6,708. In the same year, there were 13.7 million harvested acres of corn for grain, producing 2.36 billion bushels, which yielded 172.0 bu/acre, with US$14.5 billion of corn ...
The percentage of Americans who live on a farm diminished from nearly 25% during the Great Depression to about 2% now, [8] and only 0.1% of the United States population works full-time on a farm. As the agribusiness lobby grows to near $60 million per year, [ 9 ] the interests of agricultural corporations remain highly represented.
Despite rising interest rates and lower farm income, Iowa farmland values averaged a record $11,835 this year, an Iowa State University survey shows Iowa farmland values climb 3.7% in 2023 ...
Under the FAO's definitions above, agricultural land covers 38.4% of the world's land area as of 2011. Permanent pastures are 68.4% of all agricultural land (26.3% of global land area), arable land (row crops) is 28.4% of all agricultural land (10.9% of global land area), and permanent crops (e.g. vineyards and orchards ) are 3.1% (1.2% of ...
With thousands of ag-related jobs already cut, Iowans wonder how deep downturn will go. 'For a lot of folks, with these prices today, they're in the red.'