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The statewide value of an acre of farmland is now estimated to be $7,432, which represents an increase of 2.3 percent, or $168, since 2018. Favorable interest rates, strong yields, and limited land supply combined to help drive Iowa’s farmland values up for only the second time in six years.
Researchers at the Center for Agricultural and Rural Development at Iowa State University have created a database that shows COVID-19 impacts in China.
This year’s land value survey from Iowa State University Extension and Outreach found that the average statewide value of an acre of farmland is $7,559, an increase of 1.7% since 2019.
The annual land value survey from Iowa State University and Iowa State University Extension and Outreach shows significant increase, following an increase in crop prices.
The average value of an acre of Iowa farmland jumped 17% in 2022, according to the Iowa State University Land Value Survey.