Iowa Cash Rents See 1% Bump for 2018

Posted on 05/14/2018 11:51 AM

The average cash rent in Iowa for 2018 rose $3 an acre, 1.4%, to $222, according to Iowa State University's annual survey The slight boost reverses the four-year decline in average cash rents, following their peak in 2013 at $270 an acre. This year's average of $222 represents an 18% retreat from the record high.

The northeast crop district reported the highest average cash rent at $244 an acre. That is up $3, 1.2%, from a year earlier. The south-central district, as usual, listed the lowest average cash rent at $174 an acre. That is down $6, 3.3% from 2017. Grundy County listed the highest average county cash rent at $290 an acre. Sioux County followed with an average of $269 an acre with Dubuque County at $267, Osceola at $266, Delaware County at $264 and Tama County at $263. Clarke County reported the lowest average county cash rent at $126 an acre.

Two counties, Dubuque and Plymouth, reported a cash rent as high as $400 an acre for high-quality cropland. However, Plymouth also reported a cash rent as low as $175 an acre for the same quality of land. Its average cash rent for high-quality cropland was $273 and its countywide average cash rent for all qualities of cropland was $235. In Dubuque County, the lowest cash rent reported for high-quality land was $275 and its countywide average for high-quality ground was $319. Its 2018 countywide average cash rent for all qualities of cropland was $267.

 

Iowa cash rent change by crop district 2017 versus 2018
Iowa State University Extension

 

Iowa cash rent change by crop district since 2014
Iowa State University Extension

 

Iowa crp reporting districts map
Iowa State University Extension

 

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