An annual survey of cash rental rates for farmland in Iowa shows a nearly five percent decline in 2017.
Iowa State University Extension specialist Ann Johanns says it’s the fourth consecutive year of declines in cash rents.
“The statewide peak from our survey was 270 dollars and that was in 2013,” Johanns says. “Since then, in the last four years, it has been an accumulated 18-point-nine percent decline.”
The survey puts the average cash rent in Iowa this year at 219 dollars per acre.
Continue reading Survey: Iowa cash rents down five percent in 2017 at Brownfield Ag News.
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