Kevin
Kevin McNew
FBN Economist
FBN Employee

Polls

Cropland Rents Sizzle

A recent poll from FBN shows cropland rents continue to escalate. Using USDA's summer 2021 survey on cropland rents and comparing to what nearly 1,300 FBN farmers said cash rents were going for, nearly every key growing state has seen rents increase.

    Cropland Rents Sizzle

21


Verified FBN Member (WI)

get by the big dairies and land rent sky rockets around here. they pay big just for a place to spread manure , the crop is a bonus

1

Verified FBN Member (WI)

So true. I know of big dairies traveling over 50 miles for crop land that they pay rent at close $200/acre. Hard to understand how they ma...

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Verified FBN Member (CA)

Try farming in CA, where we have fires, no water and farmers paying close to 1000 acre rent.

1


Verified FBN Member (ND)

Landlords have been decent to work with, but when they go to management companies it ends it. Farmers National is after the almighty dollar....

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8


Verified FBN Member (SD)

1291 responded in 25 states equates to 51 per state. Is that even 1 per county? Why not publish USDA results year to year for multiple yea...

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2


Verified FBN Member (SD)

There is always someone out there that will run the rent way up to try to be super farmer status only to fail a few years down the road and ...

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22

Verified FBN Member (IN)

Yep got a guy in this area that wants to farm 10000 acres just to say he does! And he's grabbing ground and income from families that actual...

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Verified FBN Member (OR)

onion ground ?


Verified FBN Member (ID)

Yes with power, pump and water filtration system. This survey is worthless because there are too many variables and FBN can't seem to relat...

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3


Verified FBN Member (ID)

FSA has more accurate data on rent rates and more info on specific crops. This kind of polling is like playing poker and asking what cards...

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5

Verified FBN Member (IN)

I'm waiting on the guys paying 300 to 400 rent on 200 bu corn acre ground to go belly up and then take all theirs to farm! For adequate pric...

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Verified FBN Member (ND)

Did it include water?


Verified FBN Member (ND)

Just had coffee at church. learned a recent bidding war over some crop land went for $150/ acre. Dryland. I have land near by that is rentin...

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4

Verified FBN Member (WA)

Was it outside money ? Over here in the PNW outside investors CA, Seattle , China , Bill ***** are buying up farm land : some is still bein...

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Verified FBN Member (ND)

It’s getting nuts out there. A lot of guys are letting their egos determine cash rent instead of their budget.


Verified FBN Member (ND)

I see they didn’t mark my “None of your business” on the map.

11


Verified FBN Member (SD)

(edited)

Paying high rent is still cheaper than buying.

4

Verified FBN Member (MN)

I think both are true. Rent is cheaper in the short term. If inflation continues reducing the dollars true purchasing power, land is a good ...

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Verified FBN Member (MN)

Started buying land in 1989. Purchase prices from $950.00 to $12,000.00. Still think it’s the right thing to do. Have 1,150 acres now. We al...

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Verified FBN Member (SD)

What were the averages of the other states??

13

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