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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 ...
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 ...
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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. In recent ...
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 ...
The United States experienced a major farm crisis during the 1980s. By the mid-1980s, the crisis had reached its peak. Land prices had fallen dramatically leading to record foreclosures. Farm debt for land and equipment purchases soared during the 1970s and early 1980s, doubling between 1978 and 1984.
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 ...