Wendong Zhang
Assistant Professor and Extension Economist


Articles by this author:

The ties between Iowa farmers and China continue to grow. Currently, one in every four rows of soybean grown in the United States is exported to China while Iowa’s former governor, Terry Branstad, is now the U.S. ambassador to the country. This growing partnership is the focus of a recent Ag Decision Maker article authored by Wendong Zhang, assistant professor and extension economist, and Minghao Li, postdoctoral researcher in Iowa State’s CARD.

After having fallen in each of the three previous years, the average value of an acre of farmland in Iowa saw an increase in 2017. The average statewide value of an acre of farmland is now estimated to be $7,326. This represents an increase of 2.0 percent, or $143 per acre, from the 2016 estimate.

The Soil Management and Land Valuation Conference, scheduled for May 17 at the Scheman Building, is designed for anyone who has an interest in agricultural land, land management and land valuation.

Clean Lakes, Estuaries and Rivers (CLEAR), designed to combat water quality challenges in places like the Mississippi River and Great Lakes Basin, and State Acres for Wildlife Enhancement (SAFE), which sets aside 300,000 acres for wetland restoration and 100,000 acres for pollinator habitat across the country -  are new additions to the USDA’s Conservation Reserve Program.

Average Iowa farmland value has shown a decline for the third year in a row — the first time this has happened since the 1980s farm crisis — and is now estimated to be $7,183 per acre. The statewide per acre value declined $449, or 5.9 percent, since November 2015. Land values were determined by the 2016 Iowa State University Land Value Survey.

An article in the April issue of Ag Decision Maker shares study findings that examine how landholdings perform in relation to other markets, in this particular case the stock market.

The 89th annual Soil Management and Land Valuation Conference, the longest running conference at Iowa State University, will be held May 18 in the Scheman Building on the ISU campus.

Average Iowa farmland value is now estimated to be $7,633 per acre — having dropped in value for the second consecutive year. Per acre value declined $310, or 3.9 percent, since last year’s survey.

A news conference will be held at 10 a.m. on Dec. 14 to announce the results of the 2015 Iowa Land Value Survey conducted by the Center for Agricultural and Rural Development at Iowa State University and Iowa State University  Extension and Outreach.