Cash Rental Rates for Iowa
2015 Survey
T
he 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 high, medium, and low quality cropland in their
counties, as well as for land devoted to production of
hay, oats, and pasture. Information about rents for
individual farms was not collected. The rental rates
summarized in this bulletin do not include the value of
any buildings or storage structures, manure application
contracts, or seed production contracts.
The cooperation and assistance of the landowners,
farmers, and agribusiness people who responded to
this survey are greatly appreciated. The distribution of
the 1,437 responses was 49 percent from farmers, 27
percent from landowners, 12 percent from agricultural
lenders, 10 percent from professional farm managers,
and 2 percent from other professions.
Determining Cash Rents
This summary can be used as a reference point for
determining an appropriate cash rental rate for a
particular farm. The following may justify a higher or
lower than average rent in specific cases:
•Small size or unusual shape of fields
•Terraces or creeks that affect the time it takes to
plant and harvest crops
•Difficult or restricted access to fields
•High or low fertility levels or pH index
•Existence of contracts for growing seed or specialty
grains, or manure application
•Above-average local grain prices due to proximity
to biofuel plants or feed mills
•USDA program variables, such as crop bases and
assigned yields
•Longevity of the lease
•Other services performed by the tenant
Additional survey information about cash rental
rates by county is available from USDA National
Agricultural Statistics Service (NASS) at the following
website: www.nass.usda.gov/Statistics_by_State/Iowa/
Publications/County_Estimates/index.asp.
Ag Decision Maker
File C2-10
Details about setting a fair cash rent can be found in
the following Ag Decision Maker information files,
located under Whole Farm, Leasing, at the following
website: www.extension.iastate.edu/agdm/.
•Computing a Cropland Cash Rental Rate
(File C2-20)
•Computing a Pasture Rental Rate (File C2-23)
•Flexible Farm Lease Agreements (File C2-21)
Definitions
Number of responses – number of individuals who
reported typical rental rates for each county.
2010-2014 average yields – based on farm level data
collected by National Agricultural Statistics Service
(NASS) for each county.
Average row crop CSR2 index – average corn
suitability rating 2 (CSR2) for the highest rated acres in
each county, up to 110 percent of the number of acres
planted to corn and soybeans in that county. Note:
values were converted to the CSR2 system in 2014.
High, medium, and low quality third land – quality of
land planted to corn and soybeans, using typical corn
yields as a reference for land quality within the county.
Typical corn yields – average yields for the high third,
medium third, and low third productivity farms in each
county as reported to NASS.
Average rents per unit – overall average rent for corn/
soybean land in each county, divided by the 5-year
average corn yield, the five-year average soybean yield,
and the average row crop CSR2 index value for each
county.
Improved permanent pasture – pasture that contains
both grasses and legumes and is regularly fertilized.
Unimproved pasture – pasture with mainly bluegrass
that receives little fertilizer or renovation.
Pasture, $/AUM – rent charged per animal unit month.
One AUM is equal to a beef cow and calf or equivalent
grazing for one month.
Cornstalk grazing – includes grazing of cornstalks in
fall or winter, but not mechanical harvesting.
Hunting rights – rent charged to allow hunting on
land, per year.
FM 1851
Revised
May 2015
Page 2
Cash Rental Rates for Iowa - 2015 Survey
Overall Average of Typical Cash Rents 2011-2015
Corn and Soybean Acres
2011
2012
2013
2014
2015
District 1
District 2
District 3
District 4
District 5
District 6
District 7
District 8
District 9
$224
220
223
227
226
219
213
177
198
$267
277
266
279
275
252
246
193
217
$283
294
281
294
297
284
257
210
229
$270
270
277
288
284
273
249
202
229
$259
254
273
265
261
255
242
187
217
State
$214
$252
$270
$260
$246
. . . and justice for all
The U.S. Department of Agriculture (USDA) prohibits discrimination in
all its programs and activities on the basis of race, color, national origin,
gender, religion, age, disability, political beliefs, sexual orientation, and
marital or family status. (Not all prohibited bases apply to all programs.)
Many materials can be made available in alternative formats for ADA
clients. To file a complaint of discrimination, write USDA, Office of Civil
Rights, Room 326-W, Whitten Building, 14th and Independence Avenue,
SW, Washington, DC 20250-9410 or call 202-720-5964.
Issued in furtherance of Cooperative Extension work, Acts of May 8 and
July 30, 1914, in cooperation with the U.S. Department of Agriculture.
Cathann A. Kress, director, Cooperative Extension Service, Iowa State
University of Science and Technology, Ames, Iowa.
Prepared by Alejandro Plastina, extension economist
William Edwards, retired extension economist
Ann Johanns, extension program specialist
Farm Management Field Specialists
www.extension.iastate.edu/ag/farm-management-0
www.extension.iastate.edu/agdm
store.extension.iastate.edu
Page 3
Cash Rental Rates for Iowa - 2015 Survey
2015 CASH RENTAL SURVEY FOR CROP REPORTING DISTRICT 1
County
Number of responses*
2010 - 2014 avg. corn yield
2010 - 2014 avg. bean yield
Avg. row crop CSR2 index
District Buena
Average Vista
224
174
50
87
11
168
47
90
Cherokee
Clay
15
178
54
91
22
173
49
88
Dickinson
Emmet
Lyon
PocaO’Brien Osceola Palo Alto Plymouth hontas
Sioux
12
166
47
89
9
170
46
85
10
181
54
80
27
182
54
95
14
181
51
88
13
171
47
84
52
167
51
83
17
172
46
84
22
180
57
89
$213
$223
$279
$258
$265
$249
$277
$260
$297
Typical Cash Rent for Corn and Soybeans, $ per tillable acre
Overall average
Irrigated land average
High quality third
Average response
Range of responses
Medium quality third
Average response
Range of responses
Low quality third
Average response
Range of responses
$259
$279
$260
$294
$233
$296
$291
$328
$284
$249
$255
$315
$304
$301
225-375 240-400 224-375 185-290 190-300 198-400 110-400 230-350
$285
250-350
$318
$291
$334
189-500 225-350 203-425
$261
$260
$289
$236
$218
$221
$285
$256
$269
230-300 220-375 145-300 171-270 175-275 183-350 100-350 195-340
$252
215-310
$276
$267
$301
150-420 210-300 182-400
$220
$228
$264
$178
$172
$195
$238
$214
200-275 195-340 100-250 125-200 168-250 158-325 80-325
$226
150-315
$212
180-270
$237
$220
$257
125-315 165-255 157-350
Typical Corn Yield, bu. per acre
High third
194
Middle third
178
Low third
156
191
175
153
202
183
161
Average Rents per 5 Year Average Yield or CSR2
Rent per bu. of corn yield
$1.49
$1.55
$1.65
Rent per bu. of bean yield
$5.15
$5.53
$5.44
Rent per CSR2 index point
$2.98
$2.89
$3.23
195
178
150
185
171
155
187
172
158
198
183
158
200
186
166
197
182
165
190
173
153
189
168
143
192
177
157
203
182
157
$1.35
$4.76
$2.65
$1.28
$4.53
$2.39
$1.31
$4.85
$2.62
$1.54
$5.17
$3.49
$1.42
$4.78
$2.72
$1.46
$5.20
$3.01
$1.46
$5.30
$2.96
$1.66
$5.43
$3.34
$1.51
$5.65
$3.10
$1.65
$5.21
$3.34
Typical Cash Rent for Oats, Hay, and Pasture, $ per acre**
Alfalfa hay, established
$192
Grass hay, established
$129
Oats
$186
Improved perm. pasture
$80
$56
Unimproved perm. pasture
$52
$37
Pasture, $/AUM
NA
Cornstalk grazing
$7
Hunting rights
NA
$77
$63
$45
$172
$126
$174
$86
$60
$4
* 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.
** No values are reported if fewer than five responses were received.
Page 4
Cash Rental Rates for Iowa - 2015 Survey
2015 CASH RENTAL SURVEY FOR CROP REPORTING DISTRICT 2
County
Number of responses*
2010 - 2014 avg. corn yield
2010 - 2014 avg. bean yield
Avg. row crop CSR2 index
District
Average
Butler
Cerro
Gordo
Floyd
Franklin
222
167
47
84
16
167
49
84
16
160
46
83
18
163
48
86
23
171
48
85
22
169
47
81
15
163
46
86
24
175
48
83
$273
$259
$258
$314
225-380
$304
200-450
$272
200-350
Typical Cash Rent for Corn and Soybeans, $ per tillable acre
Overall average
$254
$277
$260
$228
High quality third
Average response
$297
$323
$306
$276
Range of responses
190-385 190-380 185-450
Medium quality third
Average response
$254
$278
$257
$230
Range of responses
175-350 175-300 155-325
Low quality third
Average response
Range of responses
$210
Typical Corn Yield, bu. per acre
High third
184
Middle third
167
Low third
146
Winnebago
Worth
Wright
18
168
48
87
23
169
47
81
20
168
47
83
27
166
45
84
$261
$240
$248
$233
$253
$310
275-400
$300
230-375
$277
190-380
$283
200-350
$274
$298
185-380 210-425
$262
180-375
$256
200-300
$260
185-340
$246
180-300
$248
175-300
$236
$250
175-300 190-335
$189
$212
135-280 165-300
Hancock Humboldt Kossuth Mitchell
$230
140-320
$217
140-280
$180
100-250
$232
150-350
$212
125-325
$209
175-260
$223
150-315
$198
165-235
$212
125-275
181
164
138
177
161
141
180
163
144
184
166
147
183
169
150
187
170
143
188
175
160
184
166
140
190
172
153
189
169
143
180
164
145
$1.40
$4.75
$2.65
$1.60
$5.69
$3.21
$1.53
$5.51
$3.20
$1.58
$5.61
$3.00
$1.49
$5.44
$3.14
$1.43
$5.00
$2.76
$1.47
$5.28
$3.06
$1.39
$4.96
$2.81
$1.52
$5.62
$3.01
Average Rents per 5 Year Average Yield or CSR2
Rent per bu. of corn yield
$1.52
$1.66
$1.63
Rent per bu. of bean yield
$5.38
$5.65
$5.65
Rent per CSR2 index point
$3.02
$3.30
$3.13
Typical Cash Rent for Oats, Hay, and Pasture, $ per acre**
Alfalfa hay, established
$221
Grass hay, established
$154
Oats
NA
Improved perm. pasture
$61
$60
Unimproved perm. pasture
$45
$44
Pasture, $/AUM
NA
Cornstalk grazing
NA
Hunting rights
$11
$41
* 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.
** No values are reported if fewer than five responses were received.
Page 5
Cash Rental Rates for Iowa - 2015 Survey
2015 CASH RENTAL SURVEY FOR CROP REPORTING DISTRICT 3
County
Number of responses*
2010 - 2014 avg. corn yield
2010 - 2014 avg. bean yield
Avg. row crop CSR2 index
District
Average
Allamakee
Black
Hawk
140
170
51
81
8
168
52
79
13
163
50
85
Bremer Buchanan
Chickasaw
Clayton
Delaware Dubuque Fayette
Howard
Winneshiek
10
168
51
87
17
167
50
84
13
165
49
85
11
175
55
74
16
170
53
79
8
177
56
71
11
171
52
83
20
168
48
83
13
175
50
80
Typical Cash Rent for Corn and Soybeans, $ per tillable acre
Overall average
High quality third
Average response
Range of responses
Medium quality third
Average response
Range of responses
Low quality third
Average response
Range of responses
$273
$223
$290
$300
$279
$279
$260
$281
$311
$290
$237
$252
$325
$271
210-375
$352
275-450
$353
290-400
$322
200-475
$337
275-400
$332
270-400
$336
250-400
$359
300-400
$342
300-385
$277
165-400
$301
200-425
$274
$218
175-275
$294
249-380
$302
260-350
$286
225-325
$282
200-350
$253
200-300
$281
200-350
$313
260-375
$295
250-325
$235
155-320
$253
175-300
$220
$181
150-200
$225
175-255
$246
180-300
$230
166-290
$219
175-300
$194
150-250
$227
170-300
$262
200-300
$233
150-290
$198
120-275
$202
125-250
184
165
140
187
162
131
191
171
139
185
164
137
182
161
139
191
164
124
184
164
138
189
166
135
184
168
126
185
163
135
189
168
135
$1.78
$5.80
$3.41
$1.79
$5.88
$3.45
$1.67
$5.58
$3.32
$1.69
$5.69
$3.28
$1.49
$4.73
$3.51
$1.65
$5.30
$3.56
$1.76
$5.55
$4.38
$1.70
$5.58
$3.49
$1.41
$4.94
$2.86
$1.44
$5.04
$3.15
$47
$79
$39
Typical Corn Yield, bu. per acre
High third
186
Middle third
165
Low third
134
Average Rents per 5 Year Average Yield or CSR2
Rent per bu. of corn yield
$1.61
$1.33
Rent per bu. of bean yield
$5.31
$4.29
Rent per CSR2 index point
$3.39
$2.82
Typical Cash Rent for Oats, Hay, and Pasture, $ per acre**
Alfalfa hay, established
$290
Grass hay, established
$188
$141
Oats
$219
Improved perm. pasture
$89
Unimproved perm. pasture
$64
Pasture, $/AUM
$17
Cornstalk grazing
$7
Hunting rights
$24
$110
$80
* 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.
** No values are reported if fewer than five responses were received.
Page 6
Cash Rental Rates for Iowa - 2015 Survey
2015 CASH RENTAL SURVEY FOR CROP REPORTING DISTRICT 4
County
Number of responses*
2010 - 2014 avg. corn yield
2010 - 2014 avg. bean yield
Avg. row crop CSR2 index
District AuduAverage bon
163
162
48
79
10
159
50
78
Calhoun Carroll Crawford Greene
18
162
45
87
11
159
49
83
13
168
52
76
10
159
45
86
Guthrie Harrison
16
146
46
83
15
160
46
74
Ida
Monona
Sac
Shelby
Woodbury
9
179
53
83
12
155
46
69
16
165
49
89
19
170
51
73
14
163
48
71
Typical Cash Rent for Corn and Soybeans, $ per tillable acre
Overall average
$265
$256
$245
$267
$291
$252
$226
$263
$301
$269
$256
$259
$293
Irrigated land average
$316
$312
High quality third
Average response
$309
$298
$272
$312
$335
$298
$260
$308
$341
$341
$297
$301
$347
Range of responses
265-352 185-330 275-350 300-375 225-350 140-360 250-425 300-375 250-400 195-375 220-350 300-425
Medium quality third
Average response
$266
$252
$246
$271
$288
$260
$224
$267
$303
$266
$259
$258
$294
Range of responses
200-319 175-300 225-310 250-350 200-310 136-300 230-350 260-350 140-350 180-300 200-300 230-375
Low quality third
Average response
$220
$219
$216
$218
$251
$200
$194
$215
$259
$199
$212
$218
$239
Range of responses
190-280 160-270 135-295 180-300 125-295 130-250 120-275 220-300 120-225 145-280 175-280 185-275
Typical Corn Yield, bu. per acre
High third
187
Middle third
169
Low third
144
178
165
143
188
171
147
Average Rents per 5 Year Average Yield or CSR2
Rent per bu. of corn yield
$1.63
$1.61
$1.51
Rent per bu. of bean yield
$5.48
$5.12
$5.44
Rent per CSR2 index point $3.37
$3.28
$2.82
Typical Cash Rent for Oats, Hay, and Pasture, $ per acre**
Alfalfa hay, established
$190
Grass hay, established
$140
Oats
$161
Improved perm. pasture
$94
Unimproved perm. pasture $64
Pasture, $/AUM
$23
Cornstalk grazing
$7
Hunting rights
$12
186
168
144
197
178
152
181
165
140
166
149
121
185
166
143
202
182
161
180
160
138
193
174
143
193
175
152
193
174
145
$1.68
$5.45
$3.22
$1.73
$5.60
$3.83
$1.58
$5.60
$2.93
$1.55
$4.91
$2.72
$1.64
$5.72
$3.55
$1.68
$5.68
$3.63
$1.74
$5.85
$3.90
$1.55
$5.22
$2.88
$1.52
$5.08
$3.55
$1.80
$6.10
$4.13
$115
$220
$183
$80
$59
$99
$71
$106
$69
$6
* 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.
** No values are reported if fewer than five responses were received.
Page 7
Cash Rental Rates for Iowa - 2015 Survey
2015 CASH RENTAL SURVEY FOR CROP REPORTING DISTRICT 5
County
Number of responses*
2010 - 2014 avg. corn yield
2010 - 2014 avg. bean yield
Avg. row crop CSR2 index
District
Average Boone
246
165
50
86
21
165
47
88
Dallas
20
157
47
90
Grundy Hamilton Hardin
25
178
56
88
Jasper Marshall
Polk
Poweshiek
Story
Tama
Webster
18
159
46
86
23
172
51
86
12
165
50
80
17
172
55
85
21
155
48
91
27
166
51
82
26
158
47
87
19
168
53
86
17
167
47
85
$267
$273
$227
$250
$258
$248
$263
$270
$259
Typical Cash Rent for Corn and Soybeans, $ per tillable acre
Overall average
High quality third
Average response
Range of responses
Medium quality third
Average response
Range of responses
Low quality third
Average response
Range of responses
$261
$245
$250
$316
$304
$280
$291
$373
$312
$321
$269
$295
$305
$286
$307
$320
$293
225-335 180-400 300-500 250-400 250-400 220-350 194-415 250-430 180-395 220-425 180-400 225-375
$261
$251
$254
$314
$265
$278
$223
$254
$253
$253
$261
$270
$260
200-300 150-325 270-390 200-340 200-350 175-280 170-350 200-350 150-340 200-375 160-350 200-285
$216
$204
$206
$262
$223
$220
$188
$203
$216
$205
$220
$220
$224
150-250 120-275 200-325 175-275 150-300 155-240 140-275 150-300 100-280 170-325 140-290 175-255
Typical Corn Yield, bu. per acre
High third
186
Middle third
167
Low third
140
181
164
145
176
157
134
Average Rents per 5 Year Average Yield or CSR2
Rent per bu. of corn yield
$1.58
$1.48
$1.59
Rent per bu. of bean yield
$5.24
$5.21
$5.32
Rent per CSR2 index point $3.02
$2.78
$2.78
204
181
138
183
163
138
194
173
146
183
167
141
193
172
144
174
154
133
183
164
136
184
170
142
192
168
136
187
170
151
$1.78
$5.64
$3.59
$1.68
$5.80
$3.10
$1.59
$5.35
$3.17
$1.38
$4.54
$2.84
$1.45
$4.55
$2.94
$1.66
$5.38
$2.84
$1.49
$4.86
$3.02
$1.66
$5.60
$3.02
$1.61
$5.09
$3.14
$1.55
$5.51
$3.05
$210
$151
$98
Typical Cash Rent for Oats, Hay, and Pasture, $ per acre**
Alfalfa hay, established
$176
$138
Grass hay, established
$118
Oats
$147
Improved perm. pasture
$74
$77
$58
Unimproved perm. pasture $47
$54
$40
Pasture, $/AUM
NA
Cornstalk grazing
$16
Hunting rights
$20
$77
$42
$232
$75
$49
* 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.
** No values are reported if fewer than five responses were received.
Page 8
Cash Rental Rates for Iowa - 2015 Survey
2015 CASH RENTAL SURVEY FOR CROP REPORTING DISTRICT 6
County
Number of responses*
2010 - 2014 avg. corn yield
2010 - 2014 avg. bean yield
Avg. row crop CSR2 index
District
Average
Benton
Cedar
Clinton
Iowa
Jackson
Johnson
Jones
Linn
Muscatine
Scott
172
166
53
82
23
163
51
85
22
174
56
87
16
175
55
73
18
165
51
80
14
162
52
71
16
164
50
86
14
165
54
79
18
164
51
87
15
162
52
84
16
164
56
89
$263
$226
$258
$234
$264
$271
$230
$273
$309
200-400
$267
170-315
$312
250-350
$275
160-350
$328
245-450
$331
275-400
$289
175-350
$328
200-425
$265
170-350
$229
145-350
$257
200-300
$241
150-275
$260
200-350
$271
225-325
$232
145-290
$271
180-350
$216
150-300
$181
105-245
$205
150-260
$187
110-245
$205
175-280
$210
175-290
$169
105-215
$221
150-300
195
176
153
191
169
139
176
158
129
172
150
126
172
147
110
180
161
131
181
158
132
182
156
131
186
169
137
$1.42
$4.41
$2.84
$1.50
$4.78
$3.60
$1.37
$4.43
$2.83
$1.59
$4.96
$3.63
$1.43
$4.68
$2.72
$1.60
$4.89
$3.34
$1.65
$5.31
$3.11
$1.42
$4.42
$2.74
$1.66
$4.88
$3.07
$205
$162
$156
$101
$241
Typical Cash Rent for Corn and Soybeans, $ per tillable acre
Overall average
$255
$280
$247
Irrigated land average
$250
High quality third
Average response
$307
$329
$303
Range of responses
245-400
180-400
Medium quality third
Average response
$255
$281
$242
Range of responses
195-360
145-300
Low quality third
Average response
$202
$230
$196
Range of responses
125-325
112-250
Typical Corn Yield, bu. per acre
High third
182
Middle third
161
Low third
132
183
164
135
Average Rents per 5 Year Average Yield or CSR2
Rent per bu. of corn yield
$1.54
$1.72
Rent per bu. of bean yield
$4.83
$5.49
Rent per CSR2 index point
$3.12
$3.29
Typical Cash Rent for Oats, Hay, and Pasture, $ per acre**
Alfalfa hay, established
$198
Grass hay, established
$142
Oats
$169
Improved perm. pasture
$88
Unimproved perm. pasture
$56
$54
Pasture, $/AUM
$20
Cornstalk grazing
$12
Hunting rights
$15
$53
$150
$72
$50
$245
$179
$47
$108
$72
$57
* 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.
** No values are reported if fewer than five responses were received.
Page 9
Cash Rental Rates for Iowa - 2015 Survey
2015 CASH RENTAL SURVEY FOR CROP REPORTING DISTRICT 7
County
Number of responses*
2010 - 2014 avg. corn yield
2010 - 2014 avg. bean yield
Avg. row crop CSR2 index
District
Average
Adair
Adams
Cass
Fremont
Mills
Montgomery
Page
Pottawattamie
Taylor
98
151
46
80
17
141
45
78
6
144
45
72
10
157
48
81
7
158
47
83
10
160
48
84
12
152
47
80
14
148
46
83
14
163
49
79
8
134
43
79
$239
$264
$264
$253
$236
$260
$231
$300
235-350
$307
269-350
$309
200-400
$295
225-400
$277
220-325
$302
250-350
$262
200-350
$240
200-280
$261
230-300
$266
225-300
$250
200-350
$236
180-280
$256
200-300
$236
175-300
$176
100-240
$225
200-250
$217
175-250
$214
170-250
$195
150-240
$222
150-275
$195
130-250
163
139
113
176
156
135
174
154
126
175
156
130
174
150
122
161
139
109
186
167
142
151
123
88
$1.71
$5.47
$3.42
$1.52
$4.98
$2.95
$1.67
$5.62
$3.18
$1.65
$5.50
$3.14
$1.66
$5.38
$3.16
$1.59
$5.13
$2.84
$1.60
$5.31
$3.29
$1.72
$5.37
$2.92
$150
$141
$216
$68
$84
$62
$156
$98
Typical Cash Rent for Corn and Soybeans, $ per tillable acre
Overall average
$242
$183
$246
High quality third
Average response
$285
$215
$302
Range of responses
140-300
230-350
Medium quality third
Average response
$241
$185
$240
Range of responses
136-230
190-285
Low quality third
Average response
$199
$149
$197
Range of responses
117-185
170-235
Typical Corn Yield, bu. per acre
High third
Middle third
Low third
169
148
121
165
145
125
Average Rents per 5 Year Average Yield or CSR2
Rent per bu. of corn yield
$1.60
$1.30
Rent per bu. of bean yield
$5.20
$4.07
Rent per CSR2 index point
$3.03
$2.35
Typical Cash Rent for Oats, Hay, and Pasture, $ per acre**
Alfalfa hay, established
$136
$100
Grass hay, established
$103
$79
$90
Oats
$117
$103
Improved perm. pasture
$96
$82
$88
Unimproved perm. pasture
$66
$60
$63
Pasture, $/AUM
NA
Cornstalk grazing
$15
$10
Hunting rights
$20
$86
* 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.
** No values are reported if fewer than five responses were received.
Page 10
Cash Rental Rates for Iowa - 2015 Survey
2015 CASH RENTAL SURVEY FOR CROP REPORTING DISTRICT 8
County
Number of responses*
2010 - 2014 avg. corn yield
2010 - 2014 avg. bean yield
Avg. row crop CSR2 index
District
Average
Appanoose,
Decatur, Wayne
Clarke
Lucas
Madison
Marion
Monroe
Ringgold
Union
Warren
77
121
41
78
15
110
38
72
7
112
40
76
8
109
40
77
14
137
43
87
8
142
47
81
5
110
40
79
6
114
41
73
6
129
44
84
8
130
45
86
$169
$178
$207
$206
$151
$187
$210
$205
$208
180-240
$214
160-260
$243
144-360
$256
180-300
$205
170-250
$225
185-300
$247
215-315
$256
200-308
$167
140-200
$181
135-220
$206
122-300
$209
140-250
$143
125-150
$183
150-235
$208
162-260
$216
158-250
$132
90-170
$139
120-190
$171
92-250
$151
110-200
$106
100-125
$153
125-225
$174
121-220
$145
109-200
126
95
71
123
98
71
124
96
76
160
136
102
156
131
102
130
102
82
122
98
75
153
127
90
147
122
87
$1.54
$4.45
$2.35
$1.51
$4.23
$2.22
$1.63
$4.45
$2.31
$1.51
$4.81
$2.38
$1.45
$4.38
$2.54
$1.37
$3.78
$1.91
$1.64
$4.56
$2.56
$1.63
$4.77
$2.50
$1.58
$4.56
$2.38
$73
$101
Typical Cash Rent for Corn and Soybeans, $ per tillable acre
Overall average
$187
$169
High quality third
Average response
$228
$201
Range of responses
180-225
Medium quality third
Average response
$187
$171
Range of responses
150-210
Low quality third
Average response
$145
$133
Range of responses
110-175
Typical Corn Yield, bu. per acre
High third
Middle third
Low third
138
112
84
Average Rents per 5 Year Average Yield or CSR2
Rent per bu. of corn yield
$1.54
Rent per bu. of bean yield
$4.44
Rent per CSR2 index point
$2.35
Typical Cash Rent for Oats, Hay, and Pasture, $ per acre**
Alfalfa hay, established
$101
$78
Grass hay, established
$73
$54
Oats
$113
Improved perm. pasture
$72
$65
Unimproved perm. pasture
$46
$40
Pasture, $/AUM
$26
Cornstalk grazing
$12
Hunting rights
$15
$115
$84
$76
$43
$67
$47
$80
$57
$51
$17
$21
* 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.
** No values are reported if fewer than five responses were received.
Page 11
Cash Rental Rates for Iowa - 2015 Survey
2015 CASH RENTAL SURVEY FOR CROP REPORTING DISTRICT 9
County
Number of responses*
2010 - 2014 avg. corn yield
2010 - 2014 avg. bean yield
Avg. row crop CSR2 index
District
Average
Davis &
Van Buren
Des
Moines
Henry
Jefferson
Keokuk &
Mahaska
Lee
Louisa
Wapello
Washington
95
142
47
81
10
120
41
75
9
153
50
84
13
144
49
82
9
132
44
81
14
150
48
82
11
134
45
78
10
157
49
79
7
133
44
81
12
154
51
83
Typical Cash Rent for Corn and Soybeans, $ per tillable acre
Overall average
High quality third
Average response
Range of responses
Medium quality third
Average response
Range of responses
Low quality third
Average response
Range of responses
Typical Corn Yield, bu. per acre
High third
Middle third
Low third
$217
$158
$235
$226
$208
$241
$178
$208
$222
$276
$271
$196
145-250
$288
220-350
$275
220-350
$264
150-350
$309
250-400
$229
135-300
$261
200-385
$270
225-325
$345
300-450
$224
$158
95-200
$236
180-260
$225
150-275
$199
125-225
$241
200-300
$180
100-225
$201
150-250
$235
200-300
$279
220-350
$169
$119
90-175
$182
150-225
$179
125-200
$162
100-205
$174
135-200
$127
65-175
$161
125-185
$160
150-190
$204
160-275
162
135
101
128
103
71
170
147
119
160
134
100
152
118
87
166
143
113
159
127
92
176
152
123
142
118
81
170
143
95
$1.54
$4.70
$2.80
$1.57
$4.61
$2.76
$1.58
$4.73
$2.57
$1.61
$5.02
$2.94
$1.33
$3.96
$2.28
$1.32
$4.24
$2.63
$1.67
$5.05
$2.74
$1.79
$5.41
$3.33
Average Rents per 5 Year Average Yield or CSR2
Rent per bu. of corn yield
$1.55
$1.32
Rent per bu. of bean yield
$4.71
$3.85
Rent per CSR2 index point
$2.76
$2.11
Typical Cash Rent for Oats, Hay, and Pasture, $ per acre**
Alfalfa hay, established
$132
Grass hay, established
$93
$57
Oats
$107
Improved perm. pasture
$73
$71
Unimproved perm. pasture
$46
$40
Pasture, $/AUM
NA
Cornstalk grazing
$11
Hunting rights
$17
$132
$105
$73
$50
* 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.
** No values are reported if fewer than five responses were received.
Page 12
Cash Rental Rates for Iowa - 2015 Survey
2015 CASH RENTAL SURVEY SUMMARY BY CROP REPORTING DISTRICT
County
Number of responses*
2010 - 2014 avg. corn yield
2010 - 2014 avg. bean yield
Avg. row crop CSR2 index
State
Average
Northwest
District 1
Average
North Central
District 2
Average
1,437
163
49
82
224
174
50
87
222
167
47
84
Northeast West Central
District 3
District 4
Average
Average
Central
District 5
Average
East Central Southwest South Central
District 6
District 7
District 8
Average
Average
Average
Southeast
District 9
Average
140
170
51
81
163
162
48
79
246
165
50
86
172
166
53
82
98
151
46
80
77
121
41
78
95
142
47
81
Typical Cash Rent for Corn and Soybeans, $ per tillable acre
Overall average
Irrigated land average
High quality third
Average response
Medium quality third
Average response
Low quality third
Average response
$246
$259
$279
$254
$273
$265
$316
$261
$255
$250
$242
$187
$217
$292
$296
$297
$325
$309
$304
$307
$285
$228
$271
$247
$261
$254
$274
$266
$261
$255
$241
$187
$224
$200
$220
$210
$220
$220
$216
$202
$199
$145
$169
176
156
129
194
178
156
184
167
146
186
165
134
187
169
144
186
167
140
182
161
132
169
148
121
138
112
84
162
135
101
$1.52
$5.38
$3.02
$1.61
$5.31
$3.39
$1.63
$5.48
$3.37
$1.58
$5.24
$3.02
$1.54
$4.83
$3.12
$1.60
$5.20
$3.03
$1.54
$4.44
$2.35
$1.55
$4.71
$2.76
$290
$188
$219
$89
$64
$17
$7
$24
$190
$140
$161
$94
$64
$23
$7
$12
$176
$118
$147
$74
$47
NA
$16
$20
$198
$142
$169
$88
$56
$20
$12
$15
$136
$103
$117
$96
$66
NA
$15
$20
$101
$73
$113
$72
$46
$26
$12
$15
$132
$93
$107
$73
$46
NA
$11
$17
Typical Corn Yield, bu. per acre
High third
Middle third
Low third
Average Rents per 5 Year Average Yield or CSR2
Rent per bu. of corn yield
Rent per bu. of bean yield
Rent per CSR2 index point
$1.56
$5.08
$3.00
$1.49
$5.15
$2.98
Typical Cash Rent for Oats, Hay, and Pasture, $ per acre**
Alfalfa hay, established
Grass hay, established
Oats
Improved perm. pasture
Unimproved perm. pasture
Pasture, $/AUM
Cornstalk grazing
Hunting rights
$182
$127
$156
$81
$54
$22
$13
$16
$192
$129
$186
$80
$52
NA
$7
NA
$221
$154
NA
$61
$45
NA
NA
$11
* 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.
** No values are reported if fewer than five responses were received.