Farm cash rent 2022. Ohio Cash Rent County Estimates 2022 .
Farm cash rent 2022. Per the author, these figures are likely low compared to the marketplace. gov USDA is an equal opportunity provider and employer. They supplied information based on their best judgments about typical cash rental rates for high, medium, and low quality cropland in their counties, as well as for land devoted to production of hay The primary purpose of the 2022 South Dakota Farm Real Estate Market Survey was to obtain regional and statewide information on 2022 per-acre agricultural land values and cash rental rates by land use and land productivity. The trend has continued into Aug 24, 2022 · The department of agricultural economics conducts the Purdue Farmland Values and Cash Rents Survey each June; the survey is produced through the cooperation of numerous professionals knowledgeable regarding Indiana’s farmland market. Results from the Illinois Aug 5, 2024 · Conclusion USDA’s land value report shows continued increases across the board in agricultural real estate values, cropland values and pastureland values. The National Agricultural Statistics Service (NASS) recently released state and county rents for 2022. Aug 10, 2022 · The Purdue Farmland Value and Cash Rents Survey suggests Indiana farmland prices grew at a record pace between June 2021 and June 2022, exceeding previous highs set in 2021. Projected 2023 and 2024 farmer returns in Illinois are currently negative, reflecting a significant shift from the high farmer returns achieved in 2020, 2021, and 2022. Despite increasing land values and cash rents, the rate of return on both Ohio cropland have fluctuated between 2. The survey results suggest farmland prices across Indiana rose to all-time highs in June 2022. Historical rental data is included. (see more on farm assets and debt, including real estate. nass. However, returns likely will be negative in 2024. Jun 3, 2025 · Farm Management Home Farm Management Land Rental Rates Photo by John Doe, Pratt KS The 2022 Cash Rent Survey was sent out in March 2022 to farmers, landowners, agricultural lenders, and professional farm managers. Mar 21, 2023 · USDA has released estimated Cash Rents per acre (ac) for Illinois counties. The information was obtained from the USDA's National Agricultural Statistics Service (NASS) and is based on their survey results from producers. 7% Michigan Agriculture Land Values and Leasing Rates (Michigan State University) MSU Extension Farm Management Land, Energy Leasing & Contracts May 23, 2023 · Farm Business Farm Management (FBFM). That’s up $7 from last year and eclipsed the previous high of 2015’s $144 per acre The most recent annual survey of cash rental rates for Iowa farmland shows that rates increased, on average, by 10. The ISU survey was similar to a report last week from the Federal Reserve Bank of Chicago, which said Iowa cash rental rates rose 12% in May 31, 2022 · The most recent annual survey of cash rental rates for Iowa farmland shows that rates increased, on average, by 10. This is the third consecutive and largest uptick in cash rents since 2013, when rents peaked at $270 per acre — a level 5. 52 trillion dollars (83. December 2022 Every year the USDA National Ag Statistics Service releases county level data for cash rental rates for irrigated cropland, non-irrigated cropland, and pastureland. This is the third consecutive and largest uptick in cash rents since 2013, when rents peaked at $270 per acre - a level 5. Some counties are not reported due to a lack Aug 8, 2023 · A map of the 2023 Farm Real Estate Value by State showing the dollar-per-acre and percent changes from 2022. The average U. The numbers listed are weighted averages. S. The Illinois Society of Professional Farm Managers and Rural Appraisers released their projections of 2023 rents on professionally managed farmland. To view the database with data for each county in the US Sep 17, 2025 · From average yields to soil ratings, discover practical ways to calculate cash rent. ) Following a period of stabilization in farmland values from 2014 to 2020, farmland values began to appreciate in 2021, even after adjusting for inflation. Download the Full PAER 2022 Report Here > Post COVID farm and land real estate investments in our local West Central Indiana Cash Rental Rates for Iowa 2024 Survey The cash rental rate information presented in this publication is from a survey of farmers, landowners, agricultural lenders, and professional farm managers. Alabama farm real estate values increased $200 per acre and Florida values increased $580 per acre. These rents represent the average cash rents paid by central Illinois farmers with high-productivity farmland. As Agricultural Land Value and Cash Rent Highlights The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $3,800 per acre for 2022, up $420 per acre from 2021. Aug 16, 2022 · Check out 2022 cash rental rates Ohio has the highest average cash rental rate, according to NASS, at $170 per acre. 8% to 3. Farm real estate values in Georgia increased $290 per acre and in South Historical rental data is included for the years 2018 through 2022. Figure 2. farm real estate value increased by a $200 per acre, or 5%, over 2023, while the cropland value and pastureland value increased by 4. Barry Ward, OSU Economist conducts this survey of professionals including ag business, farm managers, farmers, rural appraisers, and ag lenders. Please note that all reported cash rent amounts are listed in a per acre/per year format. But houses have nothing on skyrocketing cropland prices. 4%. Department of Agriculture have shown significant increases, with the impetus for those increases coming from above-average farming returns from 2020 to 2022. 7% and 5. May 8, 2025 · Farm real estate (land and structures) accounted for a forecasted 3. 5% higher in nominal terms than Jan 13, 2022 · Figure 1: Cash rental rate and contribution margin for rotation corn and soybeans for average quality land, 2010-2022. 5% higher in nominal terms than in Apr 14, 2023 · For Excellent productivity farmland, the $412 per acre cash rent for 2023 was $43 higher than the $369 per acre cash rent in 2022. Illinois Society of Professional Farm Managers and Rural Appraisers (ISPFMRA). U. The numbers are voluntarily self-reported and not necessarily representative of current cash rent levels. Cash rents have also jumped, ranging from 2. The Illinois Society of Professional Farm Managers and Rural Appraisers released their projections of 2024 rents on professionally managed farmland. Wrapping It Up While it’s hard to say how much higher cash rental rates will be in 2023 and beyond, these data highlight two important management implications. May 16, 2022 · Iowa farmland cash rental rates jumped 10. 3% this year, the biggest increase in nearly a decade, according to Iowa State University’s (ISU) annual cash rental rate survey. For 2022, the national average for cash rents on cropland is $148 per acre. 4% Farmland values, cash rents surge in 2022 For a decade, low mortgage rates and surging house values made home buying an outstanding investment. Nick Paulson, Gary Schnitkey, Carl Zulauf, and Jim Baltz - Gary Schnitkey - In today’s farmdoc daily article, we discuss information for setting 2024 cash rents. This year, it’s no surprise that the price per acre of farmland appreciated significantly in value. Average quality farmland increased from $275 per acre in 2022 to $285 per acre in 2023, an increase of $10 per acre. For pastureland, the average rental per acre at $14 Top States: Cropland Cash Rent is up $1 from 2021. Furthermore, per-bushel rents were higher than 2022 levels between 2013 and 2015. The average rate for cash rent in 2022 was $256 per acre, up from $232 last year. and state Sep 3, 2024 · We present information helpful in evaluating cash rent levels for the 2025 production year (see farmdoc daily, July 30, 2024). 2022 Farmland Values & Cash Rents Every August, the Purdue University Agricultural Economics Report reveals farmland values and cash rents across the State of Indiana. Overall, cash rents increased from 2022 to 2023. Overall, cash rents rose between 2021 and 2022. These professionals were selected because their daily work requires they stay well informed about farmland values and cash rents. We cannot statistically project future rental rates. Sep 26, 2022 · Be ready to see rent hikes. They supplied information based on their best judgments about typical cash rental rates for high, medium, and low quality cropland in their counties, as well as for land devoted to production of hay Sep 12, 2022 · Each year, the USDA National Agricultural Statistics Service conducts a nationwide survey to gather data and compile a report showing average cash rental rates across the United States. That means there are rents both above and Nov 21, 2023 · Every two years, Ohio State conducts a survey of farmers on cropland values and cash rent. Sep 21, 2021 · Farm Management Home Farm Management Land Rental Rates 2022 Kansas County-Level Cash Rental Rates for Non-Irrigated Cropland - Revision Photo by John Doe, Pratt KS The National Agricultural Statistics Service (NASS) recently released state and county rents for 2023. Cash Rent Per Bushel of Yield, Average Quality Indiana Farmland, 1990-2022. Aug 8, 2023 · The 2022 average Ohio farm real estate value, including land and buildings, averaged $7,200 per acre, according to Cheryl Turner, State Statistician of the USDA, NASS, Ohio Field Office. The survey asked for rental rate values for the current year across a county for high, medium, and low quality tillable ground (based on corn yields), as well as for pasture and hay. Surveys Cash Rents The Cash Rents Survey provides the basis for county estimates of the cash rent paid for irrigated cropland, non-irrigated cropland, and pasture. NASS conducts the county-level Cash Rents survey every year in all states except Alaska. From 2018 to 2022, these farms had average corn yields of 223 bushels per acre and average soybean yields of 69 bushels per acre. 2022 Illinois Cash Rent Paid Per Acre -Non-Irrigated Cropland Estimates Mar 21, 2023 · USDA has released estimated Cash Rent per acre on irrigated farmland for Illinois counties. 5 percent) of the total value of U. Western Ohio cropland values and rental rates are significantly Information relative to cash rents levels is now relatively complete. The 2008 Farm Bill mandated that NASS provide mean rental rates for all counties with 20,000 acres of cropland plus pasture. From July 2021 to July 2022, house prices in Iowa rose 10. To view the database with the data for each state, click here. From 2021 to 2022, based on survey data gathered by USDA’s National Agricultural Statistics Service, Iowa cropland surged 19. Cash rents for Good quality land increased by $31 per acre from $322 in 2022 to $353 per acre in 2023. The Illinois Society annually surveys Ohio Cash Rent County Estimates 2022 3001 Coolidge Rd Suite 400 ∙ East Lansing, MI 48823 (517) 324-5300 ∙ (855) 270-2709 FAX ∙ www. This page provides a historical perspective on rental rates paid by a group of Minnesota farmers and trends in those rental rates over the past five years. (Map courtesy of USDA NASS) 2023 Land Values, Cash Rent Increases Feb 27, 2023 · Ohio cropland cash rent increased from $160 in 2021 to $170 in 2022, after adjusting for inflation. Sep 13, 2022 · Information relative to cash rents levels is now relatively complete. Among Cash Rental Rates for Iowa 2022 Survey The cash rental rate information presented in this publication is from a survey of farmers, landowners, agricultural lenders, and professional farm managers. Updated with 2024 survey data, this guide provides average cash rental rates for Missouri cropland and pastureland, aiding informed lease decisions. usda. Aug 26, 2022 · Cash Rent by Land Type and County – Illinois: 2022 (continued) 1 Withheld to avoid disclosing data for individual operations or insufficient number of reports to establish an estimate. 4% since 1998, reaching their lowest point in 2022. Peoria and Fulton counties were not reported due to lack of reports. Results of the NASS survey are available in map form (see Figures 1, 2, and 3 below) or table format (available online at Sep 13, 2024 · These professionals include farm managers, rural appraisers, land brokers, agricultural loan officers, farmers, and Farm Service Agency (FSA) county office directors. 2%, respectively. The average rate per acre for irrigated cropland was $227 (up from $217 in 2021) and non-irrigated cropland was $135 (up from $128 in 2021). gov/ Rent Paid for Agricultural Land At $148 per acre, the average rate to rent cropland in the United States in 2022 was $7 higher than in 2021. farm assets in 2024. Additional Land Rent Resources USDA Quickstats https://quickstats. . 3% in 2022 to $256 per acre. Weighted average rental rates are listed by county for each year. The 2022 data also includes the median cash rent and the 10th and 90th percentile range, explained under “data results”. There is really no way to statistically project future rental rates. In recent years, average cash rents published by the U. Consistent with these return expectations, professional farm Sep 1, 2022 · The "USDA Farmland Cash Rent Report" is a listing of the county rental rates dating from 2011-2022. 25% and 3. qxrnin wtlvhf bczbo aihabhm qvjgef hnsm dltxl oxpawl notw wuwd