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Honored Advisor
Posts: 17,664
Registered: ‎05-13-2010
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Re: 82% of Iowa Land Is Debt Free

One way of looking at it is half the land is rented out and probably the half of land that`s owed by active farmers is where that debt is concentrated.  So, throw out the half that`s landlords and debt free, of the active farmers 36% of their land is mortgaged....probably historical norms? 

 

The $64 question is how deep is their debt, $500/acre or $4,000/acre?