Iowa Farmland Value Per Csr2The farm consisted of about 147 tillable acres with a CSR2 of 76. The CSR2 is calculated using an equation with six unique components to assess soil productivity. From this data, we calculate the average dollar per CSR2 point ($/CSR2) for sales of tracts with greater than 85% tillable land. There are 20,280 agricultural parcels in Kossuth County, IA. Price Per Acre of Farmland In Iowa. Again, northwest Iowa tops the chart with the highest average farmland price per acre in. edu">2022 Iowa Land Value Survey*. 3% increase from $8,623 since 2019. From the table below, you will see that there are 29 land auction results and a total of 3,344. This $/CSR2 average is down 3% from Q4 2022. Iowa Farmland March 2023 Average Per Acre Price">Iowa Farmland March 2023 Average Per Acre Price. Again, northwest Iowa tops the chart with the highest average farmland price per acre in. Cropland cash rent paid to Iowa landlords in 2022 averaged $256. Many times valuing farms strictly on a CSR2 figure can be deceiving. Wright County, Iowa 160 +/- Acres Farmland Auction | 2 Tracts Watch on $22,600 Per. Jun 6, 2022. The 2022 Iowa State University Land Value Survey found the average price of an acre of Iowa farmland was $11,411 per acre from November 2021 to . This farm had a 84. 28 per CSR2 point. While CSR2 is unique to Iowa, Web Soil Survey and the steps outlined above are similar to find productivity measures for other states. Peoples Company tracks agricultural auctions across the state of Iowa. Iowa’s average Corn Suitability Rating 2 (CSR2) is 68. Location: Northwest Iowa Average Farmland Value: $16,531 (2022) a 20. Northwest Iowa Land Real Estate Company Iowa Land Company Real Estate LLC specializes in the sale of land in Northwest Iowa. The nominal value of an acre of farmland is again higher this year than at any point since Iowa State University began surveying values in 1941. Iowa farmland values up 29%. The average $/CSR2 is up 8% from Q1 2022, 20% from Q2 2021, and up 55% from Q2 2017. 81 acres, 3-year term, CSR2 84. This surge continues the trend from last year, and the $11,411 per acre nominal land values is the highest-ever since the 1940s. Top Selling Farms in Iowa This week's Iowa Farmland Price Report April 15-21, 2023. Additionally, these tracts are largely unimproved or include minimal improvement contribution. If you would like to get the most current CSR2 value of your farm fill out the contact below. Iowa Land Value · Interactive County Maps This decision tool provides an interactive and intuitive way to compare land values across all 99 counties in Iowa annually since 1950. The 2022 statewide average for all qualities of land, estimated at $11,411 per acre, is an increase of $1,660 per acre (17%) from 2021. Average price of an acre of farmland $13,861; Average Price per CSR2 Point $158. Many times valuing farms strictly on a CSR2 figure can be deceiving. The 2022 Iowa State University Land Value Survey reported a 17. The second farm that sold this week went to 118 acres in Keokuk County, Iowa which sold on May 5th for $10,800/acre. The average CSR2 in Monona County is 59. The information is one factor to consider in setting cash rental rates and computing a farm's value along with other factors influencing the parcel, such as long-term yield and historical. The average CSR2 rating in Iowa is 68. From this data, we calculate the average dollar per CSR2 point ($/CSR2) for sales of tracts. According to Iowa State University Survey, the most recent average price. 28 per CSR2 point. To determine the CSR2 price per point average, divide the average farmland value ($9,021) by the Warren County CSR2 average (57. Iowa Farmland Prices March 25th - 31st, 2023 A total of 3,031. The average $/CSR2 is up 8% from Q1 2022, 20% from Q2 2021, and up 55% from Q2 2017. Again, northwest Iowa tops the chart with the highest average farmland price per acre in. The average price per acre of farmland from these 13 auction results is $13,146/acre and $165/CSR2 point. html/RK=2/RS=kczwt5roNCEo_Js0NNqx45ck-" referrerpolicy="origin" target="_blank">See full list on extension. The average price for non tillable pasture is $3,158 per acre and $2,485 per acre for timberland for this region in Iowa. The average farmland price per acre was $8,086 The average $/CSR2 was $107/ CSR2. 42 acres in Muscatine County, IA which sold on. Iowa Farmland Price Report April 29th – May 5th, 2023">Iowa Farmland Price Report April 29th – May 5th, 2023. 2022 Farmland Value Survey Iowa State University. Computing the Iowa Corn Suitability Rating for Your Farm. Sep 8, 2022. The CSR2 system is unique to Iowa and originally created to equalize tax assessments on. The 2022 statewide average for all qualities of land, estimated at $11,411 per acre, is an increase of $1,660 per acre (17%) from 2021. The CSR2 is calculated using an equation with six unique components to assess soil productivity. 32-acre cropland farm which brought $30,000 per acre or $270/CSR2. This is up significantly from last quarter’s 351 tracts, and even up from 2016’s busy Q4 of 420 tracts. CSR2 uses six parameters that result in the best soils being rated at 100 points. In Iowa, which evaluates each soil type's productivity on an updated Corn Suitability Rating (CSR2), most farm sales were between $110-$115 per CSR2 point on. 0% increase to $11,411 per acre in average Iowa farmland values from November 2021 to November 2022. The farm is located West of Muscatine, Iowa, and sold for $12,941/acre. The farm consisted of about 147 tillable acres with a CSR2 of 76. a Cropland Cash Rental Rate. Farmers National Company on Twitter: "Simulcast Auction. 26 acres were sold in Iowa this past week. The farm consisted of about 129 tillable acres with a CSR2 of 53. Shout out to Calhoun County with a cash rent auction: 165. 2022 Quarter 2 Auction Data: Tracts Sold: 296. The average farmland value estimate in Kossuth County, IA is $9,059/ac. CSR2 rating of this tract of land is 64. The farm is located West of Muscatine, Iowa, and sold for $12,941/acre. Average row crop CSR2 index–average corn suitability rating 2 (CSR2) for the highest rated soils in each county, up to 110% of the number of acres planted to corn and soybeans in. Top Selling Farms in Iowa This week's Iowa Farmland Price Report April 8-14, 2023. Iowa Farmland Prices April 15th - 21st, 2023 A total of 450. Average $/CSR2: $177 Auction prices in Iowa are overall remaining steady. Agricultural Statistics Service . 9, and equaled $138 per CSR2 point on the tillable acres. 75 × 80 CSR2 = $220) per acre. The average statewide value of an acre of farmland is $9,751, an increase of 29%, or $2,193, since 2020. Farmland sales flatten as farmers concentrate on planting">Farmland sales flatten as farmers concentrate on planting. Iowa Farmland Prices April 22nd-28th, 2023 A total of 240. This surge continues the trend from last year, and the $11,411 per acre nominal land values is the highest-ever since the 1940s. Average $/CSR2: $177 Auction prices in Iowa are overall remaining steady. The average farmland value estimate in Iowa is $9,342/ac. 75 × 80 CSR2 = $220) per acre. From this data, we calculate the average Dollar per CSR2 point ($/CSR2) for sales of tracts with greater than 85% tillable land. Reach out to your Clayton County land agent with any questions or to request a FREE farm appraisal. 36 acres were sold in Iowa this past week. real estate agents, and farmland investors use it to evaluate land values and . On the other end, the soils with the lowest CSR2 show a price of farmland per bushel of corn of 55 $/bu. The CSR2 is calculated using an equation with six unique components to assess soil productivity. While CSR2 is unique to Iowa, Web Soil Survey and the steps outlined above are similar to find productivity measures for other states. Iowa Farmland Values, Soil Survey & GIS Map. Prices and auction volume were still on the rise in Q2 2022. CSR2 uses six parameters that result in the best soils being rated at 100 points. The average CSR2 rating in Iowa is 68. We saw 296 tracts sell in Iowa this quarter – that’s over twice as many tracts as compared to Q2 2021. 9, and equaled $138 per CSR2 point on the tillable acres. This week’s top-selling farm was 153. According to the fall 2020 Realtor Land Institute report, the average Southwest Iowa land price of farmland is $8,046 per acre for high quality, $6,204 per acre for medium quality, and $4,219 per acre for low quality farmland. 0% increase to $11,411 per acre in average Iowa farmland values from November 2021 to November 2022. Simulcast Auction! Upcoming auction in Butler County, Iowa. 95 acres were sold in Iowa this past week. The average CSR2 rating in Kossuth County, IA is 78. cropland cash rental rate can be computed by multiplying the average CSR2 by a rental rate per CSR2 point. Average Farmland Prices in Iowa July 2022. A tract of land with a CSR2 of 80 would have a rental rate of $220 ($2. 22/CSR2 point (Calhoun County weighted overall CSR2 82. Top Selling Farms in Iowa This week's read more Iowa Farm Sells For $50,000 Per Acre. Iowa Farmland Price Report April 29th – May 5th, 2023. Farmland prices can range from $7,000 to $12,000 per acre in Webster County, Iowa. The average CSR2 in Monona County is 59. According to Iowa State University, the CSR2 equation is: CSR2 = S-M-W-F-D ± EJ This CSR2 equation, developed using average corn yield data, soil benchmarks, and university trial data points, represents the following variables:. The average farmland price per acre was $8,086 The average $/CSR2 was $107/ CSR2. According to Iowa State University Survey, the most recent average price of farmland near Onawa, Iowa is $6,795 an acre which is up from last year in 2019 when it was $6,640 per acre. The 2022 statewide average for all qualities of land, estimated at $11,411 per acre, is an increase of $1,660 per acre (17%) from 2021. 32-acre cropland farm which brought $30,000 per acre or $270/CSR2. Iowa Land Prices August 2022 Average Price Per Acre. Iowa Farmland Values – June 2022 Monthly Report. Crawford County, Iowa Land Prices | Values. Average $/Tillable Acre: $14,660. The 2022 ISU Land Value Survey shows the average value of an acre of farmland jumped 17%, or $1,660, to $11,411 per acre. The farm is located West of Muscatine, Iowa, and sold for $12,941/acre. Iowa Land Value: Most Current Results. Wright County, Iowa 160 +/- Acres Farmland Auction | 2 Tracts Watch on $22,600 Per Acre Iowa State Record Farmland Auction | Grundy County, Iowa 75. Successful Sales in Humboldt County, Iowa: Of the 279,400 total acres in Humboldt County, the average Corn Suitability Rating 2 (CSR2) for the 239,534 acres of farmland within the county is 80. Recent Farmland Sales in Iowa. The CSR2 is Iowa's most widely used soil PI, and it is only available for soils in that state. Initially developed at Iowa State University in the 1970s, the Iowa Corn Suitability Rating Index, or CSR, began as a way to classify soils in the state. Many times valuing farms strictly on a CSR2 figure can be deceiving. 79/CSR2 point and is 94. The 2015-2019 average corn and. The high dollar per acre sale in Quarter 2 was a Dubuque County 59. We saw 296 tracts sell in Iowa this quarter - that's over twice as many tracts as compared to Q2 2021. The 2015-2019 average corn and soybean yield was 198 and 55 bushels per acre, respectively. From this data, we calculate the average Dollar per CSR2 point ($/CSR2) for sales of tracts with greater than 85% tillable land. Iowa Farmland Prices April 29th – May 5th, 2023. To determine the CSR2 price per point average, divide the average farmland value ($9,198) by the Hamilton County CSR2 average (79. The average CSR2 in Jasper County is 68. The average price per acre for the two land auctions. The 2022 ISU Land Value Survey shows the average value of an acre of farmland jumped 17%, or $1,660, to $11,411 per acre. 42 acres were sold in Iowa this past week. Top Selling Farmland in Iowa During the last week. For soybeans, those values were 257 $/ . A cropland cash rental rate can be computed by multiplying the average CSR2 by a rental rate per CSR2 point. edu%2fAGDM%2fwholefarm%2fhtml%2fc2-70. The farm consisted of about 35 tillable acres with a CSR2 of 84. CSR2 Price Per Point Average: $175 Estimated Average Corn Yield: 170-250 Average Cash Rent Per Acre: $300 ($275 – $450) Average County Cash Rent Per Acre Pasture: $87 Towns: Archery, Hartley, Primghar, Sheldon, Calumet, Paullina,. 4 with an average 2019 farmland value of $7,432 per acre, which is a 2. Wright County, Iowa 160 +/- Acres Farmland Auction | 2 Tracts Watch on $22,600 Per Acre Iowa State Record Farmland Auction | Grundy County, Iowa 75. What is This Thing Called CSR? (corn suitability rating). The average price per acre for the two land auctions was $11,870. For example a price of $100 per CSR point on X number of acres that have a CSR value of 60: Equals 60 points x $100 per point == $6,000 per acre). Note: This was a mixed-use farm, as the tillable acres were being used in row crop production, hay production (about 17 acres) and Conservation Reserve Program (about 36 acres). Of the 398,900 total acres in Johnson County, the average Corn Suitability Rating 2 (CSR2) within the county is 65, with an average 2020 farmland value of $8,864 per acre. Iowa’s Farmland Prices Report October 1, 2021. Docs">Iowa Corn Suitability Rating 2 (CSR2). 7 Acres Watch on Iowa Corn Harvest, Life Of A Farmer Watch on THINKING ABOUT SELLING?. From this data, we calculate the average Dollar per CSR2 point ($/CSR2) for sales of tracts with greater than 85% tillable land. The average CSR2 rating in Kossuth County, IA is 78. 75 × 80 CSR2 = $220) per acre. Iowa Land Value: Interactive County Maps. 3 with an average 2020 farmland value of $8,732 per acre, which is a 1. The 2015-2019 average corn and soybean yield was 198 and 55. Per ISU 2021 Cash Rent Survey, Calhoun County average cash rent on high-quality land was $265 per acre or $3. The high dollar per acre sale in Quarter 2 was a Dubuque County 59. According to Iowa State University, the CSR2 equation is: CSR2 = S-M-W-F-D ± EJ This CSR2 equation, developed using average corn yield data, soil benchmarks, and university trial data points, represents the following variables:. The farm consisted of about 35 tillable acres with a CSR2 of 84. cropland cash rental rate can be computed by multiplying the average CSR2 by a rental rate per CSR2 point. Iowa Land Auction Prices, March 19. Since the beginning of 2021, according to the survey, prices are . We saw 296 tracts sell in Iowa this quarter – that’s over twice as many tracts as compared to Q2 2021. Location: Northeast Iowa Average Farmland Value: $6,936 CSR2 Price Per Point Average: $151. In Iowa, which evaluates each soil type's productivity on an updated Corn Suitability Rating (CSR2), most farm sales were between $110-$115 per CSR2 point on a per acre basis. Note: This was a mixed-use farm, as the tillable acres were being used in row crop production, hay production (about 17 acres) and Conservation Reserve Program (about 36 acres). O’Brien County reported the highest value, $16,531 per acre and largest dollar increase, $2,818 per acre. From the table below, you will see that there are 29 land auction results and a total of 3,344. (Jensen 2013) Formula for the CSR2 =S-M-F-D +/- EJ S = Taxonomic Subgroup class of the soil series M = family Particle Size Class F = Field conditions of a particular SMU (Soil Map Unit) W = water holding capacity D = Soil depth & Erosion factor T. There were 696 Acres sold at auction. In Iowa, soil productivity ratings are determined by the Corn Suitability Rating (CSR2). Kossuth County, IA Farmland Values, Soil Survey & GIS Map. The average dollar per acre this quarter was $12,289, with an average dollar per tillable acre of $13,568. The average $/CSR2 is up 8% from Q1 2022, 20% from. Estimating a weighted average CSR2 in Iowa using the USDA NRCS Web Soil Survey Watch on Ann M. There were 4,646 Acres sold at auction. The average price of farmland that sold on auction was $10,277 per acre which was up 8. Iowa State University">Iowa State University. Dec 21, 2022. Peoples Company tracks agricultural auctions across the state of Iowa. The average farmland value estimate in Kossuth County, IA is $8,985/ac. The 2022 Iowa State University Land Value Survey reported a 17. About 39 acres northeast of Woodward recently sold at public auction for $14,100 per acre. Iowa's Corn Suitability Rating Index (CSR2). Iowa Land Value · Interactive County Maps This decision tool provides an interactive and intuitive way to compare land values across all 99 counties in Iowa annually since 1950. According to Iowa State University Survey, the most recent average price of farmland near Newton, Iowa is $7,943 an acre which is up from last year in 2019 when it was $7,797 per acre. From this data, we calculate the average Dollar per CSR2 point ($/CSR2) for sales of tracts. Recent Farmland Sales in Iowa This week's Iowa Farmland April 2023 Average Per Acre Price. As it comprises such a significant portion of the balance sheet of US farms, changes in the value of farm real estate have an important bearing on the farm sector’s financial performance. To determine the CSR2 price per point average, divide the The average cash rent per tillable acre across the state is $222 ($187-$256). Note: CSR2 values, updated in 2020, are based on the USDA NRCS Web Soil Survey, https://websoilsurvey. Knowing your farm’s Corn Suitability Rating index (CSR2) provides you with valuable insight into its potential productivity. The average farmland value estimate in Iowa is $9,342/ac. Development (CARD) and Iowa State University Extension and Outreach File C2-10 in Ames, Iowa. Iowa Farmland March 2023 Average Per Acre Price. Average $/CSR2: $177 Auction prices in Iowa are overall remaining steady. Iowa farmland value hit a record high, even when adjusted for inflation. Iowa's average farmland cost about $11,400 an acre this year, up from $9,750 the year before. 8, and equaled $185 per CSR2 point on the tillable acres. For example, assume a typical rental rate per CSR2 index point of. 2022 Iowa Land Value Survey*. 5, and equaled $178 per CSR2 point on the tillable acres. Iowa Farmland Prices March 25th - 31st, 2023 A total of 3,031. All 99 counties in Iowa reported an increase in land value. Iowa State University. Peoples Company tracks agricultural auctions across the state of Iowa. The 2022 Iowa State University Land Value Survey reported a 17. This surge continues the trend from last year, and the $11,411 per acre nominal land values is the highest-ever since the 1940s. 31 trillion US dollars in 2016, farm real estate (land and structures) accounted for 85% of total US farm assets. 7 CSR2 resulting in a $152. The CSR2 system is unique to Iowa and originally created to equalize tax assessments on agricultural land based on soil types and their inherent properties. Soil information is sourced from the Web Soil Survey developed by the. Average row crop CSR2 index–average corn suitability rating 2 (CSR2) for the highest rated soils in each county, up to 110% of the number of acres planted to corn and soybeans in that county. Note: CSR2 values, updated in 2020, are based on the USDA NRCS Web Soil Survey, https://websoilsurvey. The average price per acre for the three land auctions was $7,253. Average row crop CSR2 index–average corn suitability rating 2 (CSR2) for the highest rated soils in each county, up to 110% of the number of acres planted to corn and soybeans in that county. For example, assume a typical rental rate per CSR2 index point of $2. The average cash rent per tillable acre across Hamilton County is $224 ($196-$249). 50 per acre annual payment - $5. 0% increase to $11,411 per acre in average Iowa farmland values from November 2021 to November 2022. Iowa Corn Suitability Rating 2 (CSR2). Valued at 2. The average price of farmland that was sold on auction with a CSR2 greater than 50 and 65% or greater tillable was $4,503 per acre in 2019 and 2020. The statewide weighted average price for tillable farmland is $181 per CSR2 point for the period January 1 through June 30, 2022, . Farmland Values Eclipse Records as Sellers Turn to Auctions. Poweshiek County, Iowa Land Prices | Values 2020 Land Auction Results : Poweshiek County. Crawford County, Iowa Land Prices. High valuations brought a historically significant volume of acreage to the market in 2022, surpassing the previous record in 2021. The farm consisted of about 129 tillable acres with a CSR2 of 53. The 2022 ISU Land Value Survey shows the average value of an acre of farmland jumped 17%, or $1,660, to $11,411 per acre. 77 Estimated Average Corn Yield: 167. Iowa Farmland Prices April 29th – May 5th, 2023. As it comprises such a significant portion of the balance sheet of US farms, changes in the value of farm real estate have an important bearing on the farm sector’s financial performance. Q4 2021 brought 584 agricultural tracts to auction, selling 61,989. 2% from 2019 and the average price per tillable CSR2 point is $124 which is up $5 points from 2019. The average farmland value estimate in Kossuth County, IA is $8,985/ac. 7 CSR2 resulting in a $152. This follows a similar 17% increase in 2021. Iowa Farmland Prices April 22nd-28th, 2023 A total of 240. To determine the CSR2 price per point average, divide the average farmland value ($9,198) by the Hamilton County CSR2 average (79. All 99 counties in Iowa reported an increase in land value. Note: CSR2 values, updated in 2020, are based on the USDA NRCS Web Soil Survey, https://websoilsurvey. The nominal value of an acre of farmland is again. Iowa Farmland Prices April 29th – May 5th, 2023. The average price per acre for the three land auctions was. Iowa farmland prices in relation to CSR. The average cash rent per tillable acre across Hamilton County is $224 ($196-$249). CSR2 rating of this tract of land is 64. (Sometimes CSR in relation to land prices is discussed as dollars-per-CSR point in relation to price per acre. 42 acres were sold in Iowa this past week. 1, 2023, with a statewide average price for tillable farmland of $178 per CSR2 point (based on a weighted average CSR2 of 77. When the methodology was updated in 2014, the new index was called the CSR2. Iowa Ag News – Cash Rent and Land Values. 8, and equaled $185 per CSR2 point on the. Southwest Iowa Land Values. In Iowa, which evaluates each soil type's productivity on an updated Corn Suitability Rating (CSR2), most farm sales were between $110-$115 per . The average price per acre for the four land auctions was $10,675/acre and $175. html#SnippetTab" h="ID=SERP,5755. O’Brien County reported the highest value, $16,531 per acre and largest dollar increase, $2,818 per acre. For example, assume a typical rental rate per CSR2 index point of $2. cropland cash rental rate can be computed by multiplying the average CSR2 by a rental rate per CSR2 point. Iowa's average Corn Suitability Rating 2 (CSR2) is 68. West Central Iowa Land Prices. com/_ylt=AwrFCTZjzWFkSow0sBVXNyoA;_ylu=Y29sbwNiZjEEcG9zAzIEdnRpZAMEc2VjA3Ny/RV=2/RE=1684159972/RO=10/RU=https%3a%2f%2fwww. Simulcast Auction! Upcoming auction in Butler County, Iowa. 4 with an average 2019 farmland value of $7,432 per acre, which is a 2. To determine the CSR2 price per point average, divide the average farmland value ($7,432) by the state CSR2 average (68. The $9,751 per acre estimate, and 29% . The average price per acre for the two land auctions was $11,870. July 2022 Iowa Land Auction Results. We saw 296 tracts sell in Iowa this quarter – that’s over twice as many tracts as compared to Q2 2021. Quarter 1 of 2023 saw 253 tracts or 25,247 acres sell, with an average dollar per acre of $11,768, average dollar per tillable of $13,695, and an average dollar per CSR2 of $177. Soil information is sourced from the Web Soil Survey developed by the National Cooperative Soil Survey and operated by the USDA Natural Resources Conservation Service (NRCS). If you would like to get the most current CSR2 value of your farm fill out the contact below. 2021 Farmland Value Survey Iowa State University. A cropland cash rental rate can be computed by multiplying the average CSR2 by a rental rate per CSR2 point. Quarter 1 of 2023 saw 253 tracts or 25,247 acres sell, with an average dollar per acre of $11,768, average dollar per tillable of $13,695, and an average dollar per CSR2 of $177. Auction results show Iowa land market conditions have plateaued. 09 and an average dollar per CSR2 of $169. The average CSR2 rating in Iowa is 68. The farm consisted of about 129 tillable acres with a CSR2 of 53. 36 acres were sold in Iowa this past week. The second farm that sold this week went to 118 acres in Keokuk County, Iowa which sold on May 5th for $10,800/acre. (Jensen 2013) Formula for the CSR2 =S-M-F-D +/- EJ S = Taxonomic Subgroup class of the soil series M = family Particle Size Class F = Field conditions of a particular SMU (Soil Map Unit) W = water holding capacity D = Soil depth & Erosion factor T. Johanns, extension program specialist, 515-337-2766, aholste@iastate. 00 per acre according to the USDA, National. To determine the CSR2 price per point average, divide the average farmland value ($8,864) by the Johnson County CSR2 average (65), which equals $136 per. Iowa's Farmland Prices Report October 1, 2021. The average CSR2 rating in Iowa is 68. Kossuth County, IA farmland values and GIS map. Average row crop CSR2 index–average corn suitability rating 2 (CSR2) for the highest rated soils in each county, up to 110% of the number of acres planted to corn and soybeans in that county. The average farmland price per acre was $12,442 The average $/CSR2 was $163/ CSR2 Land Auctions in 2020: There were 7 farmland auctions in Kossuth County in 2020. Northwest Iowa Land Values. 5 Average Cash Rent Per Acre: $234 Average County Cash Rent Per Acre Pasture: $45-71. Computing a Cropland Cash Rental Rate. About 39 acres northeast of Woodward recently sold at public auction for $14,100 per acre. The average farmland value estimate in Iowa is $9,342/ac. Average row crop CSR2 index-average corn suitability rating 2 (CSR2) for the highest rated soils in each county, up to 110% of the number of acres planted to corn and soybeans in that county. 6 acres of CSR2 well above the county average! The entire farm is classified as NHEL. For example, assume a typical rental rate per CSR2 index point of $2. Iowa Farmland Prices April 29th - May 5th, 2023 A total of 271. A tract of land with a CSR2 of 80 would have a rental rate of $220 ($2.