Track farm income to analyze land prices: Zhang

August 1, 2017

Farm fieldsWendong Zhang, assistant professor, was interviewed by Katy Keiffer for a story in The New Food Economy on "Who really owns American Farmland?"

"Think of it this way: If you wanted to buy Iowa farmland in 1970, the average going price was $419 per acre, according to the Iowa State University Farmland Value Survey. By 2016, the price per acre was $7,183 — a drop from the 2013 peak of $8,716, but still a colossal increase of 1,600 percent."

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