Web15 jul. 2024 · They can then assume the revenue is anywhere between 30 – 40% of the annual rent owed on the farm. After that, they can apply a capitalization rate (cap rate) anywhere from 2 – 4% based on local comps to backtrack into total land value. WebAdditional survey information about cash rental rates by county is available from the USDA National Agricultural Statistics Service (NASS), www.nass.usda.gov/Statistics_ by_State/Iowa/Publications/County_Estimates/index.php. Figure 1. Comparison of …
ASFMRA Ag News - June 7, 2024
WebUSDA National Agricultural Statistics Service Information. NASS publications cover a wide range of subjects, from traditional crops, such as corn and wheat, to specialties, such as mushrooms and flowers; from calves born to hogs slaughtered; from agricultural prices to land in farms. The agency has the distinction of being known as The Fact Finders of … Web13 sep. 2024 · The Illinois Society of Professional Farm Managers and Rural Appraisers released their projections of 2024 rents on professionally managed farmland. Overall, … howell munitions and technology
How Much Will an Acre of Land Cost in 2024? Tillable
Web17 aug. 2024 · Here are the 2024 cash rental rates by average, as well as irrigated and nonirrigated cropland, in the Northeast, Ohio and Michigan: Connecticut Nonirrigated: $78 per acre, up from $60 per acre Delaware Average: $114 per acre, up from $112 per acre Irrigated: $166 per acre, up from $151 per acre Nonirrigated: $88 per acre, down from … Web10 jan. 2024 · In 2024, farmland prices across Indiana set a new record high, at $12,808 per acre for top quality land, $10,598 for average quality land, and $8,631 for poor quality … Web2024 ISU Land Value Survey. The 2024 ISU Land Value Survey shows the average value of an acre of farmland jumped 17%, or $1,660, to $11,411 per acre. The nominal value of … hid discovery client