Roger Sahs, Extension Specialist, Ag Econ.

Agricultural Land Rental Update

Average Annual Non-irrigated Cropland Cash Rental Rates

Source: OSU/NASS survey, 2012

2010 NW SW NC E State 2012 vs

2010Wheat31.78

28.1015-49

32.0715-55

38.4820-55

35.7020-67

32.8015-67

+3%

Alfalfa41.61

41.0030-50

-1%

Grain Sorghum27.90

29.6616-45

+6%

Northwest

Southwest

East

North central

19982000

20022004

20062008

20102012

0200400600800

1000120014001600

$0

$5

$10

$15

$20

$25

$30

$35

OK Average Non-irrigated Crop-land Value and Rental Rates

OK Non-irrig Cropland Value OK Non-irrig Cropland Rent

Ave

rage

Cro

plan

d V

alue

($ p

er

Acr

e)A

verage Cropland R

ent ($ per Acre)Year

USDA/NASS data

Crop Land Cash Rent, 2012($ per acre)

USDA/NASS data

32.5

29.5

33

37.5

36

49

47

60.5

52

58

50.572.5

58.568

72

70.5

74

8789.5

76.5

79.594

91

98

108

103

99

115

130110

122130

215

151

143

142

176175

200

130

212

235

267

94.5

N/A

25 to 50

51 to 100

101 to 150

>151

Average Annual Pasture Cash Rental Rates ($/acre)

Source: OSU/NASS survey, 2012

2010 NW SW NC E State 2012 vs

2010Native Pasture11.61

8.764-15

12.834-30

14.208-37

13.033-33

12.333-37

+6%

Bermuda16.61

17.916-35

20.2510-40

18.566-52

18.644-52

+12%

Other Pasture16.10

11.676-16

19.158-50

22.415-60

19.415-60

+21%

Northwest

Southwest

East

North central

19982000

20022004

20062008

20102012

0

200

400

600

800

1000

1200

1400

$0

$2

$4

$6

$8

$10

$12

$14

OK Pasture Land Value OK Pasture RentYear

Ave

rage

Lan

d V

alue

($ p

er A

cre)

Average R

ent ($ per Acre)

OK Average Pasture Land Value and Rental Rate

USDA/NASS data

Average Pastureland Rent, 2012($ per acre)

USDA/NASS data

34

24.50

3846

35

14

17.50

16.50 28

17.50

21

19

20 26

12.50

28

18

16

11.50

6.50

4.60

5.90

2.80

5

4.80

11.50

N/A

0 to 5

5 to 14

15 to 24

25 to 50

Check out these websites:

aglease.info & aglease101.org

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