Cash Rent For Northwest Crop Land Increases
The USDA says cash rent for cropland in Washington increased this year to $203 per acre. That’s up $5.00 from the 2017 rate. Irrigated cropland in Washington, moved up $8.00 an acre in the past year to $358. Meanwhile, non-irrigated crop land rental came in at $75.00 per acre, up $2.00 from 2017.
In Oregon producers paid $159 per acre for cropland, up $7.00 year over year. Irrigated land cost an estimated $215 per acre, up $10.00 from last year.
Cash rent expense for all cropland in Idaho came in at $160 per acre for 2018, unchanged from last year. Irrigated cropland is estimated at $216 per acre, up $1.00 per acre from 2017. Non-irrigated cropland rental expense is $56.00 per acre, down $2.00 per acre from last year.
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