Presented by:Iowa Economic Development Authority
Iowa Agriculture Facts
IOWA
Total Land Area: 145,741 sq. km.
Total number of farms (2014): 88,000
Total amount of farmland (2014): 12.38 million hectares
Average farm size (2014): 140 hectares
Average dollar value per acre (2014): $20,995/hectare
Total Ag Cash Receipts (2013): $31.2 billion
Value Of Iowa Ag Exports (2013): $10.4 billion
Iowa Agriculture Production
IOWA CORN
Harvested acres of corn for grain (2014): 5.38 million hectares
Corn production (2014): 60.1 million metric tons
Corn, cash receipts (2014 crop year): $8.7 billion
Iowa Agriculture Production
IOWA SOYBEANS
Harvested acres of soybeans(2014): 3.97 million hectares
Soybean production (2014): 13.7 million metric tons
Soybean, cash receipts (2014 crop year): $5.1 billion
Iowa Feeding Animals
IOWA CATTLENumber of cattle & calves on hand (Jan. 1, 2015): 3.9 million head
Total annual cattle marketed (2014): 2.2 million head
Cattle and calves, cash receipts (2014): $4.66 billion
Iowa Feeding Animals
IOWA HOGS
Number of hogs on hand (Dec. 1, 2014): 20.9 million head
Total annual hogs marketed (2014): 43.7 million head
Hogs, cash receipts (2014): $9.2 billion
Iowa Feeding Animals
IOWA CHICKENS
Average number of chickens (egg layers) on hand (2014): 59.1 million head
Total annual egg production (2014): 16.4 billion eggs
Egg, cash receipts (2014): $1.4 billion
Ethanol Production in Iowa
Materials for Sustainable Energy» The Iowa ethanol industry spends more than $7.7 billion on raw materials,
other inputs, goods and services (largest share of this spending is for corn and other grains).
» The Iowa ethanol industry currently uses more than 1.3 billion bushels of corn, or 58 percent of Iowa’s corn crop.
» At 2014 Iowa farm gate prices, this amounts to $5.4 billion of revenue to Iowa corn farmers.
Biodiesel Production in Iowa
Materials for Sustainable Energy» The Iowa biodiesel industry spends more than $750 M on raw materials,
other inputs, goods and services (largest share of this spending is for fats and oils).
» The Iowa biodiesel industry currently uses more than:– 1.3 billion pounds of soybean oil– 310 million pounds of animal fats– 41 million pounds of industrial corn oil (supplied by Iowa ethanol producers) – 31 million pounds of used cooking oil
» The majority of the raw material for biodiesel production in Iowa is procured locally.
Critical Mass
Biorefinery Concentrations in Iowa
Abundant Resources in Iowa
Iowa Wind Industry
Sustainable Energy» Iowa’s cost of industrial electricity (7.29 ¢/kWh) is below the US average
(7.3 ¢/kWh) July 2015» Iowa is situated with major transcontinental gas pipelines crossing the state,
providing access to low cost natural gas in the future» Iowa has 5,708 MW of installed wind capacity and ranks 2nd for total MW
installed in the US » Tax credits exist for wind and biomass generated power
Thank You
Mark LaurenzoManager, Business DevelopmentIowa Economic Development Authority200 East Grand AvenueDes Moines, IA 50309 USA
Office phone: +1.515.725.3191Fax: +1.515.725.3010Email: [email protected]
iowaeconomicdevelopment.com