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This update presents average annual cash rental rates for non-irrigated cropland and pastureland in the North Central and East regions, based on the OSU/NASS survey and USDA data from 2012. The report highlights trends in cash rental rates, providing valuable insights for landlords and tenants. Rates per acre vary significantly across regions, showcasing the diverse agricultural landscape. For more detailed data and resources on land values, please visit aglease.info and aglease101.org.
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Agricultural Land Rental Update Roger Sahs, Extension Specialist, Ag Econ.
Average Annual Non-irrigated Cropland Cash Rental Rates North central East Northwest Southwest Source: OSU/NASS survey, 2012
Crop Land Cash Rent, 2012 ($ per acre) 215 58 29.5 151 130 143 115 94 47 79.5 50.5 108 142 72.5 235 176 68 130 122 175 58.5 N/A 212 33 89.5 72 60.5 49 87 130 25 to 50 110 267 70.5 51 to 100 91 32.5 200 94.5 37.5 74 101 to 150 52 99 98 >151 36 76.5 103 USDA/NASS data
Average Annual Pasture Cash Rental Rates ($/acre) North central Northwest East Southwest Source: OSU/NASS survey, 2012
Average Pastureland Rent, 2012 ($ per acre) 5.90 24.50 14 17.50 34 4.80 46 38 17.50 35 N/A 5 4.60 21 28 16.50 0 to 5 11.50 26 5 to 14 20 11.50 2.80 15 to 24 19 28 16 25 to 50 6.50 18 12.50 USDA/NASS data
Check out these websites: aglease.info & aglease101.org