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Cropland rental rates averaged $235 per acre in 2016, down $15 per acre from 2015. This was the second decrease in value since 1999. Cash rent for pastures averaged $52 per acre in 2016, showing a $2 increase from the previous year. Rent as a percentage of land value was 2.9% for cropland and 1.5% for pasture.
Organization | Iowa State University Extension |
Publisher | Iowa State University |
Publication Date | August, 2016 |
Publication Views | 407 |
Material Type | Written Material |