pennsylvania average cash rent per acre by county 2019

USDA recently released updated cash rental rates for cropland and pasture for 2019. Figures 5 through 7 highlight the change in cash rents for irrigated and non-irrigated cropland, as well as pasture, from 2013 to 2019. Approximately 280,000 farms and ranches across the United States are contacted for their total acres operated and acres rented for cash for each land use category (irrigated cropland, non-irrigated cropland, and permanent pasture) for the current year. Average Cash Rents by County. The average farmland rent prices for counties in Minnesota; County 2015 average 2016 average 2017 average 2018 average 2019 average 2019 median 2019 10th percentile The cropland cash rents in the States bordering Ohio were: Indiana, $194.00 per acre; Kentucky, $151.00 per acre; Michigan, $127.00 per acre; Pennsylvania, $94.00 per acre; and West Virginia, $43.00 per acre. The range of cash rents paid for non-irrigated cropland was $4 5.50 per acre in Sedgwick to $1 2 per acre in Mesa County. U.S and State estimates will be published on the USDA-NASS Quick Stats database the first week of August, every year. For 2019, average cash rents ranged from a high of $297 per acre for Moultrie County and a low of $57 per acre in Johnson County (see Figure 2). Average row crop CSR2 index – average corn suitability rating 2 (CSR2) for the highest rated acres in each county, up to 110% of the number of acres planted to corn and soybeans in that county. An average soybean yield of 55 bushels per acre results in a rental rate of $228 ($4.15 x 55 bushels = $228) per acre. It only covers cash rents. While rates did bump up to a high of $144 per acre in 2015, land rent has been fairly static around this $135-to-$140-per-acre rate for the last six years. Hours: 7:30 a.m. - 4:00 p.m. Eastern Time Monday - Friday, except federal holidays Toll-Free: (800) 727-9540, Hours: 9:00 a.m. - 5:30 p.m. Eastern Time Monday - Friday, except federal holidays Toll-Free: (833) One-USDA Land Quality 6/2019 − 12/2019 12/2019 − 6/2020 Top 5.5% −1.0% Average 5.0% −1.7% Poor 8.7% −2.2%. The figures are per year (not per month). youtube.com/watch?v=3qrl4e…, © 2021 American Farm Bureau Federation ® | legal | privacy, Credit: Credit: Rolling Stone2009 / CC BY-NC-SA, Credit: Rubén Moreno Montolíu / CC BY-SA 2.0, Tax Incentives for Renewable Fuel and Energy, 2021 Farm Bureau Farm Dog of the Year Contest, estimates of cash rents for cropland and pasture in 2019, Land Values and Cash Rents Falling in Some Areas, The 2017 Census of Agriculture, Our First Take, Land Values and Cash Rents Are Higher in 2018, 2020 Outlook Projects Principal Crops Rebound, More Farmers File for Bankruptcy Protection. The USDA National Agricultural Statistics Service (NASS) compiles county-level statistics for per-acre cash rental rates for irrigated farmland, non-irrigated farmland, and pasture. An additional indication is also available from the June Area Survey. In Georgia, cash rent for cropland (irrigated and non-irrigated) increased by $10 to $126 per acre compared to 2018 averages. Irrigated cropland rental rates were the highest in Ventura County, California, at $2,200 per acre. While lower cash rents for cropland were concentrated in the Midwest, across much of the U.S. and even in the Midwest, pasture rental rates have increased substantially. Chief Economist For each land use category with positive acres, respondents are given the option of reporting rent per acre or total dollars paid. Section 207(f)(2) of the E-Government Act of 2002 requires federal agencies to develop an inventory of information to be published on their Web sites, establish a schedule for publishing information, make those schedules available for public comment, and post the schedules and priorities on the Web site. More than 200 counties across the Corn B… County-level statistics can be useful in getting a general read on what renters are paying for farmland. The USDA National Agricultural Statistics Service (NASS) compiles county-level statistics for per-acre cash rental rates for irrigated farmland, non-irrigated farmland, and pasture. Some field follow up is conducted to insure adequate response rates for the survey. The 2008 Farm Bill mandated that NASS provide mean rental rates for all counties with 20,000 acres of cropland plus pasture. Despite a prolonged downturn in the price of many farm commodities, USDA’s state-level estimates of cash rents for cropland and pasture in 2019 revealed the national average rental rate for all cropland at $140 per acre, up $2 per acre, or 1.4%, from prior-year levels (Land Values and Cash Rents Falling in Some Areas). Make additional category choices for the data you are looking for. Of the 1,870 counties reporting pasture rental rates, 73% had rental rates at or above $13 per acre. Samples for this survey are drawn with a county-level stratified design. The only area of the country with a high concentration of lower non-irrigated cash rents is in the western Corn Belt, where many counties’ cash rents have declined by at least 10%.

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