Ann Johanns
Department of Economics

641-732-5574
aholste@iastate.edu

Articles by this author:

Iowa State University Extension and Outreach provides several resources to help farmland owners and operators make a one-time election of a commodity program from 2014-18 connected with the Agricultural Act of 2014.

Iowa State University Extension and Outreach is offering farm leasing meetings throughout Iowa during July and August. The three-hour workshops focus on issues related to land values and rental rates,  Iowa’s Water Quality Initiative, and the Agricultural Act of 2014.

Rental rates for Iowa farmland decreased moderately in 2014 according to results from a survey carried out by Iowa State University Extension and Outreach. This is the first decrease shown by the annual survey since 1999. The cash rental rates survey results are available in the ISU Extension and Outreach publication Cash Rental Rates for Iowa 2014 Survey.

The 2014 Iowa Farm Custom Rate Survey followed the recent trend of small, but consistent increases in rates each year. The survey is available at your county extension office, from the Extension Online Store or on the Ag Decision Maker website.

An ISU Extension and Outreach farm management team has developed two programs to help producers manage changes in the financial climate and learn how to protect their financial bottom line during years of negative returns.

Average Iowa farmland value is estimated to be $8,716 per acre, an increase of 5.1 percent from 2012, according to results of the Iowa Land Value Survey conducted in November. Values increased in 2013 for the fourth year in a row and achieved historic peaks.

A news conference to announce the results of the 2013 Iowa Land Value Survey conducted by Iowa State University is scheduled for 10 a.m. Wednesday, Dec. 11.

Farm tenants and land owners are invited to Iowa State University Extension and Outreach farmland leasing meetings during July and August. The 3-hour workshops are designed to assist landowners, tenants and other agri-business professionals with current issues related to farmland ownership, management and leasing agreements. 

Results from the most recent survey of farmland rental rates conducted by Iowa State University Extension and Outreach showed that the average estimated cash rent for corn and soybean land in the state for 2013 was $270 per acre, an increase of $18 per acre or 7 percent from last year.

The 2013 Iowa Farm Custom Rate Survey is now available to download from the Extension Online Store or the Ag Decision Maker website as Information File A3-10, Iowa Farm Custom Rate Survey. Print copies will be available at county extension offices.