Download a pdf of the 2008 Iowa Farmland Cash Rent Survey here.
Cash Rental Rates and a whole lot more are also available at Ag Decision Maker web site.
The cash rental rates survey results presented at (/agdm/wholefarm/html/c2-10.html) are the product of a survey of farmers, landowners, lenders, real estate brokers, and professional farm managers. The annual survey is conducted by Iowa State University Extension. Respondents supplied information based on their best judgments about typical cash rental rates for high, medium, and low quality cropland in their counties, as well as for land devoted to hay production, oats, and pasture. Information about individual parcels of land was not collected.
Responses received in 2008 were more variable than in most years. This variability is likely due to the volatility of corn and soybean prices in the past two years and led to a wide range of opinions about typical rents in some counties. Responses are probably more representative of rental rates that have been recently negotiated than for longer term agreements.
The cooperation and assistance of the landowners, farmers, and agribusiness people who responded to this survey are greatly appreciated. The distribution of the 960 respondents was 33% tenants, 20% landowners, 9% professional managers, 17% lenders, and 21% other professions or multiple occupations. If you would like a print copy, contact your local Iowa State University Extension office.
CKM
6/3/2008