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Iowa Ag News Headlines |
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Iowa Farm Real Estate Value Up 21 Percent to $9,400/acre
Iowa Ag Connection - 08/08/2022
Cropland cash rent paid to Iowa landlords in 2022 averaged $256 per acre according to the USDA, National Agricultural Statistics Service. Non-irrigated cropland rent averaged $256 per acre, $23 above last year. Irrigated cropland rent averaged $252 per acre, $23 above 2021. Pasture rented for cash averaged $59.50 per acre, $1.50 above the previous year.
Iowa's farm real estate value, a measurement of the value of all land and buildings on farms, averaged $9,400 per acre in 2022, according to the USDA, National Agricultural Statistics Service -- Land Values 2022 Summary. This was up 21 percent, $1,660 per acre higher than last year's value.
Cropland, at $9,350 per acre, was $1,540 higher than last year. Pasture, at $3,300 per acre, was $280 above last year.
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