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Farm Cash Receipts Expected Impact on the Iowa Economy: 2026

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  • Crespi, John
  • Plastina, Alejandro

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.

Suggested Citation

  • Crespi, John & Plastina, Alejandro, 2026. "Farm Cash Receipts Expected Impact on the Iowa Economy: 2026," Rural and Farm Finance Policy Analysis Center (RaFF) 401375, University of Missouri Columbia, Division of Applied Social Sciences.
    • Handle: RePEc:ags:umcraf:401375
    DOI: 10.22004/ag.econ.401375
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    File URL: https://ageconsearch.umn.edu/record/401375/files/2026-5-2-Policy-Brief.pdf
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