The USDA’s annual “Land Values” report indicates U.S. agricultural producers saw average land values and cropland rental rates post small increases in 2019.

Based on June 2019 surveys, the value of U.S. farm real estate, including all land and buildings, averaged $3,160 per acre for 2019, up 1.9% from 2018 values. The value of U.S. cropland averaged $4,100 per acre in 2019, an increase of 1.2% per acre from the previous year’s revised estimate. U.S. average cropland rental rates increased 1.4%.

Progressive Dairy provides its annual look at state cropland values, ranked by value per acre, as well as cropland rent per acre and annual rent as a percentage of average value. end mark

InFocus

Click here or on the image above to view it at full size in a new window.

Advertisement
Dave Natzke