What states had the highest cash rents this year?
New data from DTN shows nationwide, farmers paid an average of 5 percent more for cash rent this year over last.
According to this chart, cash rents have risen steadily since the start of the pandemic in the Corn Belt with some up 25 percent in just a few years.
Iowa stayed at the top of the list as one of the most expensive states to pay cash rent, climbing 10 percent since last year.
States like Minnesota, Ohio, and Kentucky fell in the middle, with renters paying around $10 more per acre. Michigan saw the smallest jump with cash rent prices rising about $6 more per acre.