Farm Cash Receipts Expected Impact on the Iowa Economy: 2026

John Crespi and Alejandro Plastina

No 401375, Rural and Farm Finance Policy Analysis Center (RaFF) from University of Missouri Columbia, Division of Applied Social Sciences

Abstract: We use estimates of 2026 farm cash receipts in order to project statewide economic impacts. Cash receipts of $38.5 billion supports a total of 175,000 jobs in the Iowa economy, generates an additional outlay of $13.5 billion along the supply chains and creates another $6.1 billion of induced spending. This represents a dollar multiplier of 1.5 from every dollar of agricultural spending. The total addition to state GDP is expected to be $24.7 billion in 2026 and overall, the sales of farm goods are expected to be a source of $3.7 billion in (local, state and federal) government receipts in 2026.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Pages: 8
Date: 2026-05-14
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Persistent link: https://EconPapers.repec.org/RePEc:ags:umcraf:401375

DOI: 10.22004/ag.econ.401375

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