Iowa

State Quick Facts

Population
3,155,070

Total State GDP
 $194,788,700,000

State Land Area (Acres)
35,748,480

Land in Forest
8%

Land in Farms
86%

Number of Farms
85,300

Average Farm Size (acres)
359

Farm Real Estate Value (per acre) 
$7,190

Agricultural Cash Receipts 
 $27,473,604,000

Cash Receipts from Crops 
 $13,182,967,000

Cash Receipts from Animals 
 $14,290,637,000

Top Ag. Commodities

Corn
 $8,139,234,000

Hogs
 $7,616,470,000

Soybeans
 $4,745,360,000

Cattle and Calves
 $4,074,878,000

Chicken Eggs
 $1,327,106,000

Top Ag. Exports

Pork
 $2,311,436,337

Soybeans
 $2,161,213,295

Corn
 $2,127,909,904

Feed and Other Feed Grains
 $1,320,088,429

Soybean Meal
 $646,605,656

Iowa Economic Contribution and Impact Research

In 2018, Iowa generated around $27.5 billion in agricultural cash receipts with the highest valued commodities being corn, hogs, and soybeans. That same year, the value of Iowa’s agricultural production and processing industries represented 10.2 percent of total state GDP. Some of the dollars generated by these industries end up being re-spent within the local economy, bringing additional value to the state through “multiplier effects.” Economic impact and contribution studies measure these effects, which can be broken down into direct, indirect, and induced economic effects. 

Websites, reports, fact sheets, and articles related to the economic impacts and contributions of Iowa’s food, fiber, and forest industries can be found below.

Websites:

Information related to Iowa’s food, fiber, and forest industries can be found by visiting the following website(s):

*As of 2018, no standard methodology exists for producing economic impact or economic contribution reports.  Please exercise caution when viewing and comparing reports as each may vary significantly in terms of source data and analysis and reporting methodology.