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AGRIBUSINESS: Fewer Iowa Farms

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The number of farms in Iowa continues to dwindle, even as the amount of land in farms has remained constant since 2010.

A new report from the Iowa Field Office of USDA's National Agricultural Statistics Service (NASS) shows 2,900 Iowa farms disappeared from 2008 to 2013. The total number of farms in Iowa in 2013 was 88,500.

For the report NASS grouped Iowa farms by sales class - a combined total of ag product sales and government program payments. Farms in the largest sales class of $500,000 or more increased by four percent year-over-year in 2013, up to over 17,000 farms. In 2012, the year-over-year increase in the same sales class was 23 percent.

Since 2008, the number of farms in the largest sales class have increased 64 percent. The number of farms in the smallest sales class have declined by nine percent.

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