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The total land in farms decreased from 896,600,000 acres in 2020 to 895,300,000 acres in 2021. Farmland acreage has decreased by over 13.62 million acres since 2014, an average loss of over 1.9 ...
The Appraisal Institute (AI), headquartered in Chicago, Illinois, is an international association of professional real estate appraisers. [1] It was founded in January 1991 when the American Institute of Real Estate Appraisers (AIREA) and the Society of Residential Appraisers merged. The AIREA and the Society were respectively founded in 1932 ...
Prices and rents for agricultural land depend on supply and demand. Prices/rents rise when the supply of farmland on the market reduces. Landholders then put more land on the market – causing prices to fall. Conversely, land prices/rents fall when the demand for agricultural land declines because of falls in the returns from holding and using it.
Land value taxation - This method separates the value of a given property into its actual components — land value and improvement value. A gradually lower and lower tax is levied on the improvement value and a higher tax is levied on the land value to insure revenue-neutrality. A similar method is known as split-rate taxation.
In 2021, renewable energy companies held about 90% of the state's foreign-held land — about 453,000 of nearly 508,000 acres — through leases that are at least a decade long, according to 2021 ...
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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 ...
Values inched up 3.7% from 2022 after increases of 17% in 2022 and 29% in 2021, the ISU Land Value Survey shows. ... is expected to follow U.S. income trends. In 2022, Iowa farm income climbed 44% ...
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