{"id":2212,"date":"2024-09-03T18:35:41","date_gmt":"2024-09-03T18:35:41","guid":{"rendered":"https:\/\/agrilife.org\/agnewsandviews\/?p=2212"},"modified":"2024-09-03T18:35:41","modified_gmt":"2024-09-03T18:35:41","slug":"2024-cash-rent-data","status":"publish","type":"post","link":"https:\/\/agrilife.org\/agnewsandviews\/2024\/09\/03\/2024-cash-rent-data\/","title":{"rendered":"2024 Cash Rent Data"},"content":{"rendered":"<div id=\"wrap\">\n<div id=\"content\" role=\"main\">\n<article id=\"post-13342\" class=\"post-13342 post type-post status-publish format-standard has-post-thumbnail hentry category-leases\">\n<header class=\"entry-header\">\n<h1 class=\"entry-title\">USDA Releases 2024 Cash Rent Data<\/h1>\n<div class=\"entry-meta\"><span class=\"sep\">Posted on\u00a0<\/span><a title=\"1:20 am\" href=\"https:\/\/agrilife.org\/texasaglaw\/2024\/09\/03\/usda-releases-2024-cash-rent-data\/\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2024-09-03T01:20:36-05:00\">September 3, 2024<\/time><\/a><span class=\"by-author\">\u00a0<span class=\"sep\">by\u00a0<\/span><span class=\"author vcard\"><a class=\"url fn n\" title=\"View all posts by tiffany.dowell\" href=\"https:\/\/agrilife.org\/texasaglaw\/author\/tiffany-dowell\/\" rel=\"author\">tiffany.dowell<\/a><\/span><\/span><\/div>\n<\/header>\n<section class=\"entry-content\">\n<div class=\"addtoany_share_save_container addtoany_content addtoany_content_top\">\n<div class=\"a2a_kit a2a_kit_size_24 addtoany_list\" data-a2a-url=\"https:\/\/agrilife.org\/texasaglaw\/2024\/09\/03\/usda-releases-2024-cash-rent-data\/\" data-a2a-title=\"USDA Releases 2024 Cash Rent Data\"><a class=\"a2a_button_facebook\" title=\"Facebook\" href=\"https:\/\/agrilife.org\/#facebook\" target=\"_blank\" rel=\"nofollow noopener\"><span class=\"a2a_label\">Facebook<\/span><\/a><a class=\"a2a_button_twitter\" title=\"Twitter\" href=\"https:\/\/agrilife.org\/#twitter\" target=\"_blank\" rel=\"nofollow noopener\"><span class=\"a2a_label\">Twitter<\/span><\/a><a class=\"a2a_button_email\" title=\"Email\" href=\"https:\/\/agrilife.org\/#email\" target=\"_blank\" rel=\"nofollow noopener\"><span class=\"a2a_label\">Email<\/span><\/a><\/div>\n<\/div>\n<p>Each year, the USDA National Agricultural Statistics Service conducts a nationwide survey to gather data and compile a report showing average cash rental rates across the United States.\u00a0 These results are based upon the survey responses from landowners and producers around the country.\u00a0\u00a0<strong>Please note that all reported cash rent amounts are listed in a per acre\/per year format<\/strong>.<\/p>\n<div id=\"attachment_13351\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-13351 size-large\" src=\"https:\/\/agrilife.org\/texasaglaw\/files\/2024\/08\/jake-gard-CetB-bTDBtY-unsplash-1024x683.jpg\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" srcset=\"https:\/\/agrilife.org\/texasaglaw\/files\/2024\/08\/jake-gard-CetB-bTDBtY-unsplash-1024x683.jpg 1024w, https:\/\/agrilife.org\/texasaglaw\/files\/2024\/08\/jake-gard-CetB-bTDBtY-unsplash-300x200.jpg 300w, https:\/\/agrilife.org\/texasaglaw\/files\/2024\/08\/jake-gard-CetB-bTDBtY-unsplash-768x512.jpg 768w, https:\/\/agrilife.org\/texasaglaw\/files\/2024\/08\/jake-gard-CetB-bTDBtY-unsplash-1536x1024.jpg 1536w, https:\/\/agrilife.org\/texasaglaw\/files\/2024\/08\/jake-gard-CetB-bTDBtY-unsplash-2048x1365.jpg 2048w\" alt=\"\" width=\"640\" height=\"427\" aria-describedby=\"caption-attachment-13351\" \/><\/p>\n<p id=\"caption-attachment-13351\" class=\"wp-caption-text\"><em>Photo by\u00a0<a href=\"https:\/\/unsplash.com\/@jakke?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash\">Jake Gard<\/a>\u00a0on\u00a0<a href=\"https:\/\/unsplash.com\/photos\/corn-field-under-clear-sky-CetB-bTDBtY?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash\">Unsplash<\/a><\/em><\/p>\n<\/div>\n<p>To view the database with the data for each state,\u00a0<a href=\"https:\/\/quickstats.nass.usda.gov\/results\/58B27A06-F574-315B-A854-9BF568F17652#7878272B-A9F3-3BC2-960D-5F03B7DF4826\">click here<\/a>.\u00a0 To view the database with data for each county in the US,\u00a0<a href=\"https:\/\/quickstats.nass.usda.gov\/results\/E0F5EB36-3313-3D7B-9E7F-E56A3365CF2B#9A9F55D7-E267-38C6-ACB9-DF106291B5A7\">click here<\/a>.<\/p>\n<p>To see a chart listing the cash rents by county for Texas,\u00a0<a href=\"https:\/\/agrilife.org\/texasaglaw\/files\/2024\/08\/click-here.pdf\">click here<\/a>\u00a0Here\u2019s how things broke down in the Lone Star State.<\/p>\n<p>Pastureland<\/p>\n<p>The statewide average for pastureland was $8.20\/acre, which is down $0.30 from last year. The highest pastureland rental rates were reported in Bowie and Delta Counties at $22\/acre and Bell County at $21\/acre.\u00a0 Conversely, the lowest reported pastureland lease averages were in West Texas with Winkler County at $0.90, Hudspeth at $1, and Presidio at $1.40<\/p>\n<p>Irrigated Cropland<\/p>\n<p>The Texas average lease rate for irrigated cropland was $117\/acre, up $4 from 2023.\u00a0 For 2024, the highest average reported lease rates were in Hartley County ($229\/acre) and Gaines County ($194\/acre).\u00a0 The lowest reported rates for irrigated cropland came from Chambers County at $39.<\/p>\n<p>Non-Irrigated Cropland<\/p>\n<p>Statewide non-irrigated cropland lease rates averaged $31.50\/acre, which is a $0.50\/acre increase\u00a0from the prior year.\u00a0 The highest reported rental for non-irrigated cropland was found in San Patricio County at $88\/acre and in Willacy County at $75.50\/acre.\u00a0 On the other hand, the lowest rates came from Llano County at $6.50\/acre, Sutton County at $7.60\/acre, and Kimble County at $7.90\/acre.<\/p>\n<p>District Summary<\/p>\n<p>Dr. Greg Kaase pulled together the following table showing the average cash lease rates for 2023 and 2024 for each of Texas\u2019 regions.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-13349 size-full\" src=\"https:\/\/agrilife.org\/texasaglaw\/files\/2024\/08\/greg.png\" sizes=\"auto, (max-width: 892px) 100vw, 892px\" srcset=\"https:\/\/agrilife.org\/texasaglaw\/files\/2024\/08\/greg.png 892w, https:\/\/agrilife.org\/texasaglaw\/files\/2024\/08\/greg-300x181.png 300w, https:\/\/agrilife.org\/texasaglaw\/files\/2024\/08\/greg-768x463.png 768w\" alt=\"\" width=\"892\" height=\"538\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-10538\" src=\"https:\/\/agrilife.org\/texasaglaw\/files\/2021\/09\/NASS-2021-map-1.jpg\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" srcset=\"https:\/\/agrilife.org\/texasaglaw\/files\/2021\/09\/NASS-2021-map-1.jpg 500w, https:\/\/agrilife.org\/texasaglaw\/files\/2021\/09\/NASS-2021-map-1-300x202.jpg 300w\" alt=\"\" width=\"500\" height=\"337\" \/><\/p>\n<p>More Information<\/p>\n<p>For more information on agricultural leases, we\u2019ve got a number of resources available.\u00a0 If you\u2019d like to see another report that includes average lease rates,\u00a0<a href=\"https:\/\/agrilife.org\/texasaglaw\/2024\/05\/06\/2023-rural-land-value-trends-report-is-here\/\">click here<\/a>\u00a0to see a blog post about the Texas Rural Land Value Trends Report.\u00a0 To read about agricultural leases, check out Chapter 11 of the\u00a0<a href=\"https:\/\/agrilife.org\/texasaglaw\/files\/2023\/10\/Owning-Your-Piece-of-Texas.pdf\">\u00a0Owning Your Piece of Texas Handbook<\/a>\u00a0or our\u00a0<a href=\"https:\/\/agrilife.org\/texasaglaw\/files\/2023\/09\/Ranchers-Agricultural-Leasing-Handbook.pdf\">Ranchers Agricultural Leasing Handbook<\/a>.\u00a0 We also have podcast episodes specifically discussing\u00a0<a href=\"https:\/\/aglaw.libsyn.com\/episode-39-cari-rincker-grazing-leases\">grazing<\/a>,\u00a0<a href=\"https:\/\/aglaw.libsyn.com\/episode-42-erin-herbold-swalwell\">farm<\/a>, and\u00a0<a href=\"https:\/\/aglaw.libsyn.com\/episode-20-trace-blair-hunting-leases\">hunting<\/a>\u00a0leases.\u00a0 Lastly, we\u2019ve got a course specifically geared to grazing and hunting leases that is available live (2024 dates to be announced in December) or\u00a0<a href=\"https:\/\/agrilifelearn.tamu.edu\/s\/product\/online-ranchers-leasing-workshop\/01t4x000002ciNZAAY\">online<\/a> (available anytime, on demand).<\/p>\n<\/section>\n<\/article>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>USDA Releases 2024 Cash Rent Data Posted on\u00a0September 3, 2024\u00a0by\u00a0tiffany.dowell FacebookTwitterEmail Each year, the USDA National Agricultural Statistics Service conducts a nationwide survey to gather data and compile a report&#8230; <span class=\"read-more\"><a href=\"https:\/\/agrilife.org\/agnewsandviews\/2024\/09\/03\/2024-cash-rent-data\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":609,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-2212","post","type-post","status-publish","format-standard","category-uncategorized","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>2024 Cash Rent Data - Ag News and Views<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/agrilife.org\/agnewsandviews\/2024\/09\/03\/2024-cash-rent-data\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2024 Cash Rent Data - Ag News and Views\" \/>\n<meta property=\"og:description\" content=\"USDA Releases 2024 Cash Rent Data Posted on\u00a0September 3, 2024\u00a0by\u00a0tiffany.dowell FacebookTwitterEmail Each year, the USDA National Agricultural Statistics Service conducts a nationwide survey to gather data and compile a report... 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