Over 1,700 reports contained positive data. The United States Department of Agriculture’s (USDA) National Agricultural Statistics Service (NASS) each year compiles an average rental rate for each county. Farmland rent data by county . Information about rents for individual farms was not collected. (just click to see them) but I’m guessing that many of you would still like to see a number to give you a starting point. Why? The rental rates summarized in this publication do not include the value of any buildings or Farmers reported an average cash rental rate of $36.88 per acre on land that produced an average of 2.6 tons of hay per acre. For one, a lot of farmland is rented by handshake agreement – an arrangement that will likely appeal to you if you know exactly who you want to replace you in the fields. In fact, we estimate that landowners are losing out on about $8 billion in rental fees every year by renting below market rates. The highest pasture rental average is in Illinois at $53.00 per acre. In his county, three cuttings of good-quality alfalfa can rent for $100-125/acre in areas where bare ground cash rents are $50-60/acre. Between 2019 and 2020, average U.S. cropland rental rates decreased by 1.5 percent to $139. You can view the complete USDA publication here. Then look at the value of the forage coming off the land. Virginia farm rental rates are dependent on soil quality and moisture content in addition to local farmer demand. The numbers below indicate the dollar per acre per year ($/ac/yr). Cropland rental rate map. The current Nebraska agricultural land values can be viewed on pages 4 - 8 of this report. Pasture Rental Rates by County in $/Acre Information provided by USDA National Agricultural Statistics Service based on a survey of farmers in the fall of 2016. The highest irrigated farmland lease average is found in California at $365.00 per acre. Questionnaires were mailed on January 9th and a follow-up mailing to non-respondents occurred on February 15th, 2019. Click on any county to see area statistics from 2015 to 2019. to obtain average rental rates and the price of rented land in their localities. Local Land Lease Information ; Papers & Presentations ; Forms ; Crop Insurance . Plenty of reasons. Or for $140-200/acre where bare ground rents range from $75 to over $100/acre. Risk Management ... Hay ; Grains ; Other Reports ; Futures Prices (CME) U.S. Meat Export Sentiment ; Ag Policy . Approximately 6,500 North Dakota agricultural producers were sampled for this survey. The current cash rental rates can be found on pages 15 & 16 of this report. Rental rates measure the value of using land for agricultural production. 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, oat, and pasture. The highest average for non-irrigated farmland is $255.00 per acre in Iowa. 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 According to the Western Ohio Cropland Values and Cash Rents Survey, cropland values in western Ohio are expected to decline slightly in 2020 by 1.5 to 2.6 percent depending on the region and land … Land Rental Rates . Good pasture/hay ground had an average rental rate of $40.74 per acre. Year State County Pastureland Irrigated Cropland Non-irrigated Cropland 2016 ALABAMA AUTAUGA 18 33.5 2016 ALABAMA BULLOCK 19 29 2016 ALABAMA DALLAS 15.5 31 2016 ALABAMA ELMORE 18.5 38.5 Ohio cropland values and cash rental rates are projected to decrease slightly in 2019. Cropland rental rates increased the most in the Southeast (up 5.4 percent to $94 per acre) and the Delta States (up 2.8 percent to $115 per acre). Start With Actual Rent “Pasture lease rates” is one of the searches we see most often at On Pasture. Fair pasture and timber pasture users reported rental rates of $32.15 and $28.13, respectively. We’ve published a lot of articles on how to determine rental rates and how to write up a lease agreement, etc.