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Washington Evening Journal
111 North Marion Avenue
Washington, IA 52353
319-653-2191
Crop values dropped last year
DES MOINES — The production of Iowa's field and miscellaneous crops was valued at $20 billion in 2023, according to the USDA, National Agricultural Statistics Service — Crop Values 2023 Summary. This was down 21% from 2022.
The value of corn for grain production totaled $12.2 billion, down 25% from the previous year. Iowa's corn price averaged $4.85 per bushel, $1.77 below the last marketing year.
The value of soybean production was $7.22 billion, down 13% from 2022. The average price decreased $1.60 from the previous year to $12.60 per bushel.
Value of production increased from 2022 to 2023 for oats.
