The following commentary does not necessarily reflect the views of AgWeb or Farm Journal Media. The opinions expressed below are the author's own.
Mike Walsten has covered major business trends in agriculture for more than 40 years.
The average cash rent in Iowa rose to $214 an acre for 2011, according to the annual survey of cash rents conducted by Iowa State University. That state-wide average is up $30 from 2010. Bremer County reported the highest county average at $266 an acre followed by Grundy County at $259 an acre, Cherokee County at $255 an acre and Black Hawk County at $253. Wayne County listed the lowest county average at $145 an acre followed by Appanoose County at $154 and Monroe County at $157 an acre. Ten counties reported a high (not average) cash rent of $400 or more with the highest, $425 an acre, reported in Wright County.
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