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Iowa farm sales were second only to California's at $59 billion, the data show. Natasha Wilson checks the pigs on her family farm while doing chores Monday, Feb. 12, 2024 near West Chester, Iowa.
Historically, farmland has been owned by small property owners, but as of 2017 institutional investors, including foreign corporations, had been purchasing farmland. [73] In 2013 the largest producer of pork, Smithfield Foods, was bought by a company from China. [73]
Agricultural expansion describes the growth of agricultural land (arable land, pastures, etc.) especially in the 20th and 21st centuries.. The agricultural expansion is often explained as a direct consequence of the global increase in food and energy requirements due to continuing population growth (both which in turn have been attributed to agricultural expansion itself [1] [2]), with an ...
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.
Fewer investors appear to be buying Iowa farmland than in 2022 and 2023, said Rachelle Heller, a Hertz Real Estate Services land consultant in Washington, Iowa. Depending on local competition for ...
Even though as of 2022, 75% of Iowa farmland was owned by Iowans, 20% — about 6 million acres — belong to people who lived outside the state, up from 13% five years earlier, an Iowa State ...
Percentage figures for arable land, permanent crops land and other lands are all taken from the CIA World Factbook [1] as well as total land area figures [2] (Note: the total area of a country is defined as the sum of total land area and total water area together.) All other figures, including total cultivated land area, are calculated on the ...
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