A farm real estate specialist says cash rental rates have been strong across parts of the Corn Belt.
Jim Rothermich, vice president of Iowa Appraisal, says, “I picked up several results here lately and I was surprised how high the cash rents were.”
A recent report from Iowa State University, the Cash Rental Rates for Iowa 2024 Survey, found the overall cash rent average in the state at $279 per tillable acre in 2024 – up from $222 per tillable acre in 2020.
