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In Focus: How much is cropland worth in your state this year?

Published on 28 September 2018

The USDA’s annual Land Values report indicates U.S. agricultural producers saw average land values and cropland rental rates post small increases in 2018.

Map of cropland value this year 2018

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Based on June 2018 surveys, the value of U.S. farm real estate, including all land and buildings, averaged $3,140 per acre for 2018, up 1.9 percent from 2017 values. The value of U.S. cropland averaged $4,130 per acre in 2018, an increase of 1 percent per acre from the previous year. U.S. average cropland rental rates increased 1.5 percent.

Progressive Dairyman provides its annual look at state cropland values, ranked by value per acre, as well as cropland rent per acre and annual rent as a percentage of average value. end mark

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