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Grain prices have struggled the last four years, and that negative profitability has weighed on farmland values.
Farm household health insurance expenses have doubled since 2001.
Average farmland values nationwide have increased 1.9 percent to $3,140 an acre so far this year from 2017, according to a report released Thursday by USDA.
The changing characteristics of farmland ownership and leases can create opportunities for farmers looking to expand their operations.
The average value of an acre of Iowa farmland is $6,951, which is a 2.9% increase for the six-month period ending March 1.