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Farmland Rental Rates Rise

Rental rates for Iowa farmland have risen over the last five years, according to a study from Iowa State University. District 9, which includes Washington, Louisa, Keokuk, Jefferson, Henry, Des Moines, Lee, Van Buren, Wapello and Mahasksa counties, has increased from $173 per acre for corn and soybeans to $229 this year. This year the state average is $270 per acre to rent.

The links below were provided by Iowa State University.

The Cash Rental Rates for Iowa 2013 Survey [1] is available online as a downloadable document from the Ag Decision Maker website www.extension.iastate.edu/agdm/ [2] and the Extension Online Store athttps://store.extension.iastate.edu/ [3].

Other resources available for estimating a fair cash rental rate include the Ag Decision Maker information filesComputing a Cropland Cash Rental Rate (C2-20) [4]Computing a Pasture Rental Rate (C2-23) [5] and Flexible Farm Lease Agreements (C2-21) [6]. All documents include electronic decision tools to help analyze leasing questions.