Snohomish County, Washington, had the highest average pasture rental rate, $115 per acre. While the national average pasture rental rate was $13 per acre in 2019, many counties had an average pasture rental rate above $13 per acre. 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).

Outside of portions of the Midwest, most cropland rental rates have increased, despite the downturn in the farm economy. — The 2019 average Ohio farm real estate value, including land and buildings, averaged $6,290 per acre, according to Cheryl Turner, State Statistician of the USDA, NASS, Ohio Field Office. September 17, 2020, Market Intel / Irrigated cropland rental rates were the highest in Ventura County, California, at $2,200 per acre. The district averages for pasture land rental range from $16.50 per acre to $50.00 per acre. Commodity Planted All Purpose Acres Harvested Acres Yield Production Price per Unit Value of Production in Dollars; SOYBEANS: SOYBEANS: 4,300,000: 4,270,000 Market Intel Likely due to competition with cropland and livestock density, pasture rental rates were the highest –more than $25 per acre – in portions of the Corn Belt, Minnesota, Wisconsin, Missouri, Nebraska and Kansas. Like non-irrigated cropland, irrigated cropland cash rents have increased across many portions of the country. The district averages for cropland rental range from $62.00 per acre to $190.00 per acre.

Areas with lower irrigated cash rents mirror areas with lower non-irrigated cash rents in portions of the western Corn Belt.

The Next COVID Legislation must help farmers and ranchers. Every other year, USDA’s National Agricultural Statistics Service releases county-level cash rents for non-irrigated and irrigated cropland as well as pasture for all counties with more than 20,000 acres of cropland and pasture. Farm real estate values in Ohio were up 1.5 percent from 2018.

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. Additionally, lower commodity prices have pushed cash receipts from crops down by nearly 20% from their 2012 highs. Known for #apples and cider, Edgewood Orchards near Quincy produces 12 varieties of apples grown on roughly 3,000 t… twitter.com/i/web/status/1…, Online learning gives #agriculture the opportunity to provide resources for parents and teachers in need of content… twitter.com/i/web/status/1…, © 2020 American Farm Bureau Federation ® | legal | privacy, Credit: Credit: Rolling Stone2009 / CC BY-NC-SA, Tax Incentives for Renewable Fuel and Energy, 2020 Farm Bureau Virtual Target: Trust Engagement Training, 2021 Farm Bureau Farm Dog of the Year Contest.

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