Cropland Rents Sizzle

Question

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.

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onion ground ?

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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

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

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Paying high rent is still cheaper than buying.

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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 renting for $85/acre.   My God.  Why?

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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 years or FBN do the same poll for multiple years to get comparable results.  Not hard to reason rents follow commodity prices

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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 everyone has.  I'm in Idaho and I turned down 2 offers at $600/acre/ year for 4 years contract.  Not bluffing!

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Yes with power, pump and water filtration system.  This survey is worthless because there are too many variables and FBN can't seem to relate to farming outside of the Midwest and dryland farming.  There are more crops other than Corn soybeans and wheat.
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Landlords have been decent to work with, but when they go to management companies it ends it. Farmers National is after the almighty dollar.  They turn the several decades relationship with a landowner and call the neighbors for higher bids before negotiating begins.

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

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What were the averages of the other states??

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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 have the rental rates wrecked for everyone else

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Cropland Rents Sizzle

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