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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.
It tracks the value of 70 farms in the five-state region that Omaha, Nebraska-based Farm Credit Services serves — 21 of which are in Iowa. Despite the decline, the average value of Iowa farmland ...
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 ...
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.
This is lower than the economic impact in Iowa of non-farm manufacturing, which accounts for 22.4% of total value added and 26.5% of total output. [3] Iowa's main agricultural outputs are hogs, corn, soybeans, oats, cattle, eggs and dairy products. Iowa is the nation's largest producer of ethanol and corn.
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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]
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 ...