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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.
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 ...
From 2017 to 2022, the average value per acre of all American farmland grew from $4,368 to $5,354, an increase of nearly 23%.
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.
As the United States has grown in area and population, new states have been formed out of U.S. territories or the division of existing states. The population figures provided here reflect modern state boundaries. Shaded areas of the tables indicate census years when a territory or the part of another state had not yet been admitted as a new state.
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 ...
Iowa is a state located in the Midwestern United States that is divided into 99 counties and contains 62 census-designated places (CDPs). [1] All population data is based on the 2010 census . Census-Designated Places