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Home ยป USDA NASS Iowa Farm Expenditures
FARM STATISTICS ... Comments

USDA NASS Iowa Farm Expenditures

Iowa farm production expenditures totaled $34.0 billion in 2021

PUBLISHED ON August 4, 2022

2021 expenditures were $5.46 billion above the 2020 total expenditures. (Loren King/Unsplash)

DES MOINES, Iowa — Iowa farm production expenditures totaled $34.0 billion in 2021, according to the USDA, National Agricultural Statistics Service โ€“ Farm Production Expenditures 2021 Summary report. This was $5.46 billion above the 2020 total expenditures. Feed expense, up 34 percent to $7.88 billion, represented the largest single production expense in Iowa in 2021, accounting for 23 percent of the total. Livestock, Poultry, and Related Purchases, up 17 percent to $5.29 billion, was the second largest expense and accounted for 16 percent of total expenditures. Rent expense was up 4 percent to $3.74 billion and accounted for 11 percent of the total. The largest percentage increases from last year were for Miscellaneous Capital Expenses (up 125 percent), Tractors and Self-Propelled Farm Machinery (up 74 percent), and Trucks and Autos (up 65 percent). There were no decreases in any production expenditure in Iowa in 2021.

— USDA NASS

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