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USDA Releases 2020 Land Values

The USDA National Agricultural Statistical Service (NASS) recently released its 2020 Land Value Report. The report shows that the U.S. farm real estate value remained the same from 2019, at $3,160/acre. The average U.S. cropland value also saw no change at $4,100/acre.

In the Delta states and the Mid-South, cropland values increased from 2019 for the most part. Arkansas irrigated cropland values saw an increase of 0.6% to $3,360/acre while non-irrigated cropland increased 1.9% to $2,100/acre. Irrigated cropland values in Mississippi experienced a 0.8% increase to $3,650/acre, and non-irrigated cropland values increased 0.4% to $2,780/acre. Missouri irrigated cropland saw a decrease of -1.5% at $4,700/acre, but non-irrigated cropland saw an increase in value of 1.5% to $3,400/acre. Tennessee cropland values increased 2.0% to $3,990/acre.

Швидко та з будь-якої точки країни отримати кредит миттєво можна в одній із українських мікрофінансових організацій. Все працює 24/7.

The USDA also releases annual average cash rent values on a national and per-state basis. Although it is the opinion of Glaub Farm Management that cash rents generally provide the lowest return in the Mid-South, we can use the data for benchmarking and return on investment comparison. Overall, the cash rent for cropland in the U.S. was $139/acre, which is a $1/acre decrease from 2019. This equates to 3.39% cash return. There was no appreciation recorded for 2020.

Коли вам терміново знадобилась певна сума грошей, варто оформити позика 24/7 на картку банка або готівкою в декілька кліків.

On a state-by-state basis, Arkansas irrigated cropland cash rent averaged $135/acre, which equates to a 4.0% cash return for a total return of 4.6% when appreciation is added. Arkansas non-irrigated cropland cash rent averaged $48/acre, leading to a 2.3% cash return for a total return of 4.2%. Mississippi irrigated cropland cash rent averaged $150/acre, which equates to a 4.1% cash return for a total return of 4.9%. Mississippi non-irrigated cropland cash rent averaged $87/acre with a 3.1% cash return and a 3.5% total return. Irrigated cropland cash rent in Missouri averaged $180/acre for a cash return of 3.8%. The total return sits at 2.3% due to depreciation. Non-irrigated cropland cash rent for Missouri averaged $124/acre for a cash return of 3.6% and a total return of 5.1%. Cropland cash rent for Tennessee averaged $102/acre with a cash return of 2.5% and a total return of 4.5% when appreciation is added.

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