This year is … Iowa State University Department of Economics 260 Heady Hall 518 Farm House Lane Ames, Iowa 50011-1054 voice 515-294-6740, fax 515-294-0221 [email protected] iowa state cash rent survey 2020 › Verified 4 days ago Posted 6/11/21. Farmland prices have declined approximately 12% since 2014 in Indiana. This item is available in full to subscribers. [email protected] Biography. This represents a decrease of 0.8 percent, or $62 per acre, from the 2017 estimate. State survey cash rent data for 2016 is available for Iowa and Indiana, and state survey farmland price data for 2016 is available for Indiana. 2019 Cash Rental Rates - Iowa State University. Healthy & Homemade Cookbook - A collection of recipes from Iowa State University Extension and Outreach. A new report finds many Iowa farmers are having to shell out more money to cover a significant increase in land rent rates this year. 2018 ISU Land Value Survey Results. Containing over 70 recipes from Main Dishes, Appetizers, and Desserts to Soups, Salads, Sides, and even Snacks. Rentals Details: Cash Rental Rates for Iowa g eii ae 2021 Survey File C2-10 The cash rental rate information presented in this publication is from a survey of farmers, landowners, agricultural lenders, and professional farm managers.They supplied information based on their best judgments about typical cash rental rates for … iowa state extension rental rates Leasing, Contracts, and Agreements. Iowa State University 478E Heady Hall 518 Farmhouse Lane Ames, IA 50011-1070. The percentage declines reported above for the … ... Respondents indicated being familiar with 1.6 million cash rented acres across the state. The boom created by the demand for biofuels, changes in technology, and changes in the demographics of farmland owners have created uncertainty with respect to the farmland rental markets. The Cash Rental Rates for Iowa 2016 Survey had 1,585 responses, of which 320 responses were submitted through the online questionnaire (the rest were mailed using USPS). For cash rent leases, the tax credit equals 5% of the cash rent. Western Ohio Cropland Values and Cash Rents 2019-2020 The Western Ohio Cropland Values and Cash Rents study was conducted from February through April in 2020. AMES — A new report finds many Iowa farmers are having to shell out more money to cover a significant increase in land rent rates this year. Survey of Iowa Leasing Practices, 2007 Page 3 A variable/fl exible cash rent was used for 12 percent of the cash rented acres. Most farmers in Iowa are seeing a significant increase in what they pay for land rents this year, according to a recent survey conducted by Iowa State University Extension and Outreach.According to …. For crop share leases, the tax credit is 15%. That’s according to a survey done by Iowa State University Extension. ISU survey shows biggest land rent boost since 2013. 515-294-6160. They supplied information based on their best judgments about typical cash rental rates for … This compares to increases of 16% in 2011 and 18% in 2012. Annual cash rental rates survey shows Iowans are paying 4.5% more to rent land. 2016-2020 Plateau Corresponds to Lower Corn and Soybean Prices . The average cash rent at $219 in 2019 is still higher than the average rate in 2011, and only 18.9% lower than in 2013 (see Figure 1). The 2021 cash rent survey is based on 1,363 usable responses from Iowans about typical cash rental rates in their counties for land producing corn and soybeans, hay, oats, and pasture. His recent … In comparison, corn and soybean prices received by Iowa farmers declined by 50% and 45%, respectively, since mid-2013. Graph from the Iowa State University 2016 Land Value survey. Of … ISU AG Economist Wendong Zhang says this is the first large increase in land rental rates since eight years ago. In Iowa, 2013 was a record high average cash rental rate for corn and soybeans at $270/acre. Of these, 41% came from farmers, 33% from landowners, 11% from professional farm managers and realtors, 9% from agricultural lenders, and 6% from other professions and respondents. The average statewide value of an acre of farmland is now estimated to be $7,264. Woodbury also had a pasture cash rent rate above $80.00 per acre at $80.50. Survey of Iowa Leasing Practices, 2012 File C2-15 T he Iowa farmland rental market has undergone considerable change in the past few years. “Despite values tumbling, chances are low that Iowa will face a replay of the devastating farm crisis, said Wendong Zhang, an ISU assistant economics professor who leads the university’s annual farmland survey. This information can be useful in comparing rental rates among counties and farms of different levels of productivity. The cash rental rate information presented in this publication is from a survey of farmers, landowners, agricultural lenders, and professional farm managers. Professionals surveyed were rural appraisers, agricultural lenders, professional farm managers, ag business … June 10, 2021. Indiana farmland prices increased in 2020, following several years of modest declines from the 2014 peak. Cash Rental Rates for Iowa g eii ae 2021 Survey File C2-10 The cash rental rate information presented in this publication is from a survey of farmers, landowners, agricultural lenders, and professional farm managers. kiwa 1 day ago. Jun 10, 2021 @ 1:44pm. The 2020 Purdue Farmland Values and Cash Rent Survey indicated that high quality land values increased by 4.5% to $8,579. The "USDA Farmland Cash Rent" report is a listing of the county rental rates dating from 2009 to the 2020 year. Application Process . Alejandro Plastina, Ann Johanns Typical cash rental rates for high, medium, and low quality cropland, as well as land devoted to hay production, oats, pasture, and cornstalk grazing. File C2-10 Updated May, 2020. Respondents indicated … Cash rent for Iowa farmland declined for the third year in a row, according to the 2016 Cash Rental Rates for Iowa Survey conducted by Iowa State University. Additional survey information about cash rental rates by county is available from the USDA National Agricultural Statistic Service (NASS). Land prices, rent continue to rise. Survey Shows Iowa Land Rents up Significantly in 2021 Most farmers ... in Iowa are seeing a significant increase in what they pay for land rents this year, according to a recent survey conducted by Iowa State University Extension and Outreach. Survey shows rent increases in all districts. Iowa Ag News – County Cash Rent. Gary Schnitkey, Dale Lattz, Krista Swanson, and Carl Zulauf • Krista Swanson • The National Agricultural Statistical Service (NASS) recently released state and county rents for 2020. Cash Rental Rates for Iowa 2020 Survey. Posted: (7 days ago) The cash rental rate information presented in this publication is from a survey of farmers, landowners, agricultural lenders, and professional farm managers. Most farmers in Iowa are seeing a significant increase in what they pay for land rents this year, according to a recent survey conducted by Iowa State University Extension and Outreach. Dr. Plastina is an Associate Professor/Extension Economist in the Department of Economics at Iowa State University. The Iowa Farmland Ownership and Tenure survey started in the 1940s. Indiana’s cash rents declined from a high of $197 per acre in 2014 to $192 per acre in 2016. Annual cash rental rates survey shows Iowans are paying 4.5% more to rent land. The 2021 cash rent survey is based on 1,363 usable responses from Iowans about typical cash rental rates in their counties for land producing corn and soybeans, hay, oats and pasture. The cash rent cannot be more than 30% above the average cash rent for the county according to the most recent ISU cropland survey. Most of … Statewide Iowa — A new report finds many Iowa farmers are having to shell out more money to cover a … Rates across the state averaged $222 per acre, compared to $219 per acre in 2019, the fourth year of relatively stable rates, but at levels about 18% lower than the historical peak reached in 2013, of $270 per acre. Cash Rental Rates for Iowa 2021 Survey . Upper Midwest Region, Iowa Field Office (USDA-NASS (September 8, 2017)). Farm Leases - Ag Lease 101 from North Central Farm Management Extension Committee; Cash Rent Flex-Calc; Farm Lease Calculator; Flexible Farm Lease Agreements, Iowa State University Computing a Cropland Cash Rental Rate, Iowa State University Custom Farming: An Alternative to Leasing (with sample contract), Iowa State University Average farmland value in Mahaska Co. was $7,366 in November 2013 based on ISU survey. NASS conducts the county-level Cash Rents survey every year in all states except Alaska. His area of specialization is agricultural production and technology, with an emphasis on farm business and financial management. This 82-page cookbook will have you … Statewide, reported rental rates for land planted to corn and soybeans were up from $222 per acre last year to $232 in 2021, or 4.5%. Rentals Details: Cash Rental Rates for oa - 2020 re 2020 CASH RENTAL RATE SURVEY FOR CROP REPORTING DISTRICT 2 1/ Number of responses is the number of individuals who provided information about typical rental rates in the county.Rental data was not collected by individual farm. This survey series represents the first of its kind in the nation and the only consistent information on ownership, tenure and transitions of farmland at the state level. IOWA STATE RELEASES ITS 2021 CASH RENTAL RATES May 24, 2021 Iowa State University reports: To view the complete report, click here. NASS also released Illinois 2017 cash rent county estimates on September 8th, which showed a state average cash rental rate for non-irrigated crop land at $218.00. The 2020 average state rent is $230 per acre. Average quality land values increased by 3.2% to $7,236, and poor quality land values increased by 6.3% to $5,746. Percentage declines in cash rent from the peak year through 2016 were approximately 15% in Iowa and approximately 12% in Indiana. Farmland values and cash rents are always news! Average Iowa farmland values are now 17.5 percent lower than the historic high set in 2013 at $8,716 an acre. Osceola and Sioux Counties tied for the highest published pasture cash rent, at $90.00 per acre followed by Mills, at $85.00 per acre. ISU survey shows biggest land rent boost since 2013. Iowa’s cash rents declined from a high of $260 per acre in 2014 to $235 per acre in 2016. Applications are processed on first-come/first-completed basis. ISU Survey Shows Land Rent Bounced 4.5% This Year. Non-Irrigated Cropland Cash Rent – Iowa: 2020 State Average: $230.00 per rented acre Since 1989, Iowa State University has conducted the survey every five years, as mandated by Iowa Code. It is important to remember that land rent prices vary tremendously from county to county. The 2020 average state rent was $194 per acre. The information was obtained from the USDA's National Agricultural Statistics Service (NASS) and is based on their survey results from producers. The most recent annual survey of cash rental rates for Iowa farmland shows that rates increased, on average, by 1.4% in 2020 to $222 per acre. Cash Rental Rates for Iowa. The 2008 Farm Bill mandated that NASS provide mean rental rates for all counties with 20,000 acres of cropland plus pasture. All online respondents were invited to participate in a short follow up survey about their perceptions of the Cash Rent Survey. The cash rental rate information presented in this publication is from a survey of farmers, landowners, agricultural lenders, and professional farm managers. He says better crop and land prices along with lower interest rates and government payments all were factors in generating the land rent increase. Cash Rental Rates for Iowa 2021 Survey. Iowans are paying more for rented farmland, according to the latest survey results from Iowa State University Extension and Outreach. Iowa cash rent rates continue stable trend Jun 2, 2020 Jun 2 ... Print; Save; Editor’s note: The following was written by Alejandro Plastina, Iowa State University Extension economist, for the university’s Ag Decision Maker newsletter. Farmland Values. Mahaska County, IA Land Auction Two Farms SOLD today! This is a slight increase from last survey but a somewhat lower percentage than had been expected given the changing nature of commodity prices. ## The survey was carried out by Iowa State University Extension and Outreach. Following a 3.7% drop in 2014 and a 5.4% decrease in 2015, cash rent prices went down 6.5% in 2016. After a reprieve in 2017, commodity prices, interest rates, and trade disruptions drove Iowa farmland values down for the fourth time in five years. Despite another difficult year in agriculture, cash rents still posted an increase of about 1.4%, according to the Cash Rental Rates for Iowa 2020 Survey, released earlier this month. lowest average cash rent for non-irrigated cropland. Cash Rental Rates for Iowa. The opinion-based study surveyed professionals with a knowledge of Ohio’s cropland values and rental rates. IOWA STATE UNIVERSITY Outlook for Farmland Values and Cash Rents . The Cash Rents Survey provides the basis for county estimates of the cash rent paid for irrigated cropland, non-irrigated cropland, and pasture. In addition, the Illinois Society of Professional Farm Managers and Rural Appraisers released their projections of 2021 rents on professionally managed farmland. Strong demand and tight supplies drove farmland prices and cash rental rates higher during the first quarter of 2021 in Iowa and other Midwestern states, according to a survey of ag bankers by the Chicago Federal Reserve Bank. The state average came in at $222/tillable acre which was up slightly from an average of $219/acre in 2017. The 2018 average cash rental rates for corn and soybean acres ranged from $126/acre in Clarke County to $290 in Grundy County according to the ISU Cash Rental Rates Survey. Tract 1 sold for $396,425 or $5,050 per acre, and Tract 2 sold for $273,600 or $3,600 per acre! Results from the most recent survey of farmland rental rates carried out by Iowa State University Extension and Outreach showed that the average estimated cash rent for corn and soybean land in the state for 2013 was $270 per acre, an increase of $18 per acre or 7% from last year.
iowa state cash rent survey
This year is … Iowa State University Department of Economics 260 Heady Hall 518 Farm House Lane Ames, Iowa 50011-1054 voice 515-294-6740, fax 515-294-0221 [email protected] iowa state cash rent survey 2020 › Verified 4 days ago Posted 6/11/21. Farmland prices have declined approximately 12% since 2014 in Indiana. This item is available in full to subscribers. [email protected] Biography. This represents a decrease of 0.8 percent, or $62 per acre, from the 2017 estimate. State survey cash rent data for 2016 is available for Iowa and Indiana, and state survey farmland price data for 2016 is available for Indiana. 2019 Cash Rental Rates - Iowa State University. Healthy & Homemade Cookbook - A collection of recipes from Iowa State University Extension and Outreach. A new report finds many Iowa farmers are having to shell out more money to cover a significant increase in land rent rates this year. 2018 ISU Land Value Survey Results. Containing over 70 recipes from Main Dishes, Appetizers, and Desserts to Soups, Salads, Sides, and even Snacks. Rentals Details: Cash Rental Rates for Iowa g eii ae 2021 Survey File C2-10 The cash rental rate information presented in this publication is from a survey of farmers, landowners, agricultural lenders, and professional farm managers.They supplied information based on their best judgments about typical cash rental rates for … iowa state extension rental rates Leasing, Contracts, and Agreements. Iowa State University 478E Heady Hall 518 Farmhouse Lane Ames, IA 50011-1070. The percentage declines reported above for the … ... Respondents indicated being familiar with 1.6 million cash rented acres across the state. The boom created by the demand for biofuels, changes in technology, and changes in the demographics of farmland owners have created uncertainty with respect to the farmland rental markets. The Cash Rental Rates for Iowa 2016 Survey had 1,585 responses, of which 320 responses were submitted through the online questionnaire (the rest were mailed using USPS). For cash rent leases, the tax credit equals 5% of the cash rent. Western Ohio Cropland Values and Cash Rents 2019-2020 The Western Ohio Cropland Values and Cash Rents study was conducted from February through April in 2020. AMES — A new report finds many Iowa farmers are having to shell out more money to cover a significant increase in land rent rates this year. Survey of Iowa Leasing Practices, 2007 Page 3 A variable/fl exible cash rent was used for 12 percent of the cash rented acres. Most farmers in Iowa are seeing a significant increase in what they pay for land rents this year, according to a recent survey conducted by Iowa State University Extension and Outreach.According to …. For crop share leases, the tax credit is 15%. That’s according to a survey done by Iowa State University Extension. ISU survey shows biggest land rent boost since 2013. 515-294-6160. They supplied information based on their best judgments about typical cash rental rates for … This compares to increases of 16% in 2011 and 18% in 2012. Annual cash rental rates survey shows Iowans are paying 4.5% more to rent land. 2016-2020 Plateau Corresponds to Lower Corn and Soybean Prices . The average cash rent at $219 in 2019 is still higher than the average rate in 2011, and only 18.9% lower than in 2013 (see Figure 1). The 2021 cash rent survey is based on 1,363 usable responses from Iowans about typical cash rental rates in their counties for land producing corn and soybeans, hay, oats, and pasture. His recent … In comparison, corn and soybean prices received by Iowa farmers declined by 50% and 45%, respectively, since mid-2013. Graph from the Iowa State University 2016 Land Value survey. Of … ISU AG Economist Wendong Zhang says this is the first large increase in land rental rates since eight years ago. In Iowa, 2013 was a record high average cash rental rate for corn and soybeans at $270/acre. Of these, 41% came from farmers, 33% from landowners, 11% from professional farm managers and realtors, 9% from agricultural lenders, and 6% from other professions and respondents. The average statewide value of an acre of farmland is now estimated to be $7,264. Woodbury also had a pasture cash rent rate above $80.00 per acre at $80.50. Survey of Iowa Leasing Practices, 2012 File C2-15 T he Iowa farmland rental market has undergone considerable change in the past few years. “Despite values tumbling, chances are low that Iowa will face a replay of the devastating farm crisis, said Wendong Zhang, an ISU assistant economics professor who leads the university’s annual farmland survey. This information can be useful in comparing rental rates among counties and farms of different levels of productivity. The cash rental rate information presented in this publication is from a survey of farmers, landowners, agricultural lenders, and professional farm managers. Professionals surveyed were rural appraisers, agricultural lenders, professional farm managers, ag business … June 10, 2021. Indiana farmland prices increased in 2020, following several years of modest declines from the 2014 peak. Cash Rental Rates for Iowa g eii ae 2021 Survey File C2-10 The cash rental rate information presented in this publication is from a survey of farmers, landowners, agricultural lenders, and professional farm managers. kiwa 1 day ago. Jun 10, 2021 @ 1:44pm. The 2020 Purdue Farmland Values and Cash Rent Survey indicated that high quality land values increased by 4.5% to $8,579. The "USDA Farmland Cash Rent" report is a listing of the county rental rates dating from 2009 to the 2020 year. Application Process . Alejandro Plastina, Ann Johanns Typical cash rental rates for high, medium, and low quality cropland, as well as land devoted to hay production, oats, pasture, and cornstalk grazing. File C2-10 Updated May, 2020. Respondents indicated … Cash rent for Iowa farmland declined for the third year in a row, according to the 2016 Cash Rental Rates for Iowa Survey conducted by Iowa State University. Additional survey information about cash rental rates by county is available from the USDA National Agricultural Statistic Service (NASS). Land prices, rent continue to rise. Survey Shows Iowa Land Rents up Significantly in 2021 Most farmers ... in Iowa are seeing a significant increase in what they pay for land rents this year, according to a recent survey conducted by Iowa State University Extension and Outreach. Survey shows rent increases in all districts. Iowa Ag News – County Cash Rent. Gary Schnitkey, Dale Lattz, Krista Swanson, and Carl Zulauf • Krista Swanson • The National Agricultural Statistical Service (NASS) recently released state and county rents for 2020. Cash Rental Rates for Iowa 2020 Survey. Posted: (7 days ago) The cash rental rate information presented in this publication is from a survey of farmers, landowners, agricultural lenders, and professional farm managers. Most farmers in Iowa are seeing a significant increase in what they pay for land rents this year, according to a recent survey conducted by Iowa State University Extension and Outreach. Dr. Plastina is an Associate Professor/Extension Economist in the Department of Economics at Iowa State University. The Iowa Farmland Ownership and Tenure survey started in the 1940s. Indiana’s cash rents declined from a high of $197 per acre in 2014 to $192 per acre in 2016. Annual cash rental rates survey shows Iowans are paying 4.5% more to rent land. The 2021 cash rent survey is based on 1,363 usable responses from Iowans about typical cash rental rates in their counties for land producing corn and soybeans, hay, oats and pasture. The cash rent cannot be more than 30% above the average cash rent for the county according to the most recent ISU cropland survey. Most of … Statewide Iowa — A new report finds many Iowa farmers are having to shell out more money to cover a … Rates across the state averaged $222 per acre, compared to $219 per acre in 2019, the fourth year of relatively stable rates, but at levels about 18% lower than the historical peak reached in 2013, of $270 per acre. Cash Rental Rates for Iowa 2021 Survey . Upper Midwest Region, Iowa Field Office (USDA-NASS (September 8, 2017)). Farm Leases - Ag Lease 101 from North Central Farm Management Extension Committee; Cash Rent Flex-Calc; Farm Lease Calculator; Flexible Farm Lease Agreements, Iowa State University Computing a Cropland Cash Rental Rate, Iowa State University Custom Farming: An Alternative to Leasing (with sample contract), Iowa State University Average farmland value in Mahaska Co. was $7,366 in November 2013 based on ISU survey. NASS conducts the county-level Cash Rents survey every year in all states except Alaska. His area of specialization is agricultural production and technology, with an emphasis on farm business and financial management. This 82-page cookbook will have you … Statewide, reported rental rates for land planted to corn and soybeans were up from $222 per acre last year to $232 in 2021, or 4.5%. Rentals Details: Cash Rental Rates for oa - 2020 re 2020 CASH RENTAL RATE SURVEY FOR CROP REPORTING DISTRICT 2 1/ Number of responses is the number of individuals who provided information about typical rental rates in the county.Rental data was not collected by individual farm. This survey series represents the first of its kind in the nation and the only consistent information on ownership, tenure and transitions of farmland at the state level. IOWA STATE RELEASES ITS 2021 CASH RENTAL RATES May 24, 2021 Iowa State University reports: To view the complete report, click here. NASS also released Illinois 2017 cash rent county estimates on September 8th, which showed a state average cash rental rate for non-irrigated crop land at $218.00. The 2020 average state rent is $230 per acre. Average quality land values increased by 3.2% to $7,236, and poor quality land values increased by 6.3% to $5,746. Percentage declines in cash rent from the peak year through 2016 were approximately 15% in Iowa and approximately 12% in Indiana. Farmland values and cash rents are always news! Average Iowa farmland values are now 17.5 percent lower than the historic high set in 2013 at $8,716 an acre. Osceola and Sioux Counties tied for the highest published pasture cash rent, at $90.00 per acre followed by Mills, at $85.00 per acre. ISU survey shows biggest land rent boost since 2013. Iowa’s cash rents declined from a high of $260 per acre in 2014 to $235 per acre in 2016. Applications are processed on first-come/first-completed basis. ISU Survey Shows Land Rent Bounced 4.5% This Year. Non-Irrigated Cropland Cash Rent – Iowa: 2020 State Average: $230.00 per rented acre Since 1989, Iowa State University has conducted the survey every five years, as mandated by Iowa Code. It is important to remember that land rent prices vary tremendously from county to county. The 2020 average state rent was $194 per acre. The information was obtained from the USDA's National Agricultural Statistics Service (NASS) and is based on their survey results from producers. The most recent annual survey of cash rental rates for Iowa farmland shows that rates increased, on average, by 1.4% in 2020 to $222 per acre. Cash Rental Rates for Iowa. The 2008 Farm Bill mandated that NASS provide mean rental rates for all counties with 20,000 acres of cropland plus pasture. All online respondents were invited to participate in a short follow up survey about their perceptions of the Cash Rent Survey. The cash rental rate information presented in this publication is from a survey of farmers, landowners, agricultural lenders, and professional farm managers. He says better crop and land prices along with lower interest rates and government payments all were factors in generating the land rent increase. Cash Rental Rates for Iowa 2021 Survey. Iowans are paying more for rented farmland, according to the latest survey results from Iowa State University Extension and Outreach. Iowa cash rent rates continue stable trend Jun 2, 2020 Jun 2 ... Print; Save; Editor’s note: The following was written by Alejandro Plastina, Iowa State University Extension economist, for the university’s Ag Decision Maker newsletter. Farmland Values. Mahaska County, IA Land Auction Two Farms SOLD today! This is a slight increase from last survey but a somewhat lower percentage than had been expected given the changing nature of commodity prices. ## The survey was carried out by Iowa State University Extension and Outreach. Following a 3.7% drop in 2014 and a 5.4% decrease in 2015, cash rent prices went down 6.5% in 2016. After a reprieve in 2017, commodity prices, interest rates, and trade disruptions drove Iowa farmland values down for the fourth time in five years. Despite another difficult year in agriculture, cash rents still posted an increase of about 1.4%, according to the Cash Rental Rates for Iowa 2020 Survey, released earlier this month. lowest average cash rent for non-irrigated cropland. Cash Rental Rates for Iowa. The opinion-based study surveyed professionals with a knowledge of Ohio’s cropland values and rental rates. IOWA STATE UNIVERSITY Outlook for Farmland Values and Cash Rents . The Cash Rents Survey provides the basis for county estimates of the cash rent paid for irrigated cropland, non-irrigated cropland, and pasture. In addition, the Illinois Society of Professional Farm Managers and Rural Appraisers released their projections of 2021 rents on professionally managed farmland. Strong demand and tight supplies drove farmland prices and cash rental rates higher during the first quarter of 2021 in Iowa and other Midwestern states, according to a survey of ag bankers by the Chicago Federal Reserve Bank. The state average came in at $222/tillable acre which was up slightly from an average of $219/acre in 2017. The 2018 average cash rental rates for corn and soybean acres ranged from $126/acre in Clarke County to $290 in Grundy County according to the ISU Cash Rental Rates Survey. Tract 1 sold for $396,425 or $5,050 per acre, and Tract 2 sold for $273,600 or $3,600 per acre! Results from the most recent survey of farmland rental rates carried out by Iowa State University Extension and Outreach showed that the average estimated cash rent for corn and soybean land in the state for 2013 was $270 per acre, an increase of $18 per acre or 7% from last year.
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