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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 ...
Owning nearly 15,000 acres of land in Iowa through his private ownership of Stine Seed, [12] In 2018, he was listed as the wealthiest in Iowa with a net worth of $3.2 billion by Forbes . [ 13 ] In 2019, he increased his fortune by $1.8 billion to $5 billion ranking him the richest Iowan and #131 richest in the United States by Forbes.
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Despite the decline, the average value of Iowa farmland remains 58.3% higher than it was five years ago, the report found. Strong profits helped overcome concerns about the Federal Reserve’s ...
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.
More: As ag downturn, layoffs continue, Iowa farmland sees first drop in value in five years Farmers earlier resisted sales as corn and soy futures prices sank to 2020 lows this year under ...
The types of farmworkers include field crop workers, nursery workers, greenhouse workers, supervisors, etc. [34] The United States Department of Labor findings for the years 2019-2020 report that 63 percent of crop workers were born in Mexico, 30 percent in the mainland United States or Puerto Rico, 5 percent in Central America, and 2 percent ...
Despite rising interest rates and lower farm income, Iowa farmland values averaged a record $11,835 this ... U.S. net farm income in 2023 remains over 30% higher than the 2020 level,” Chandio ...