The USDA is out with its annual look at farmland values and cash rents. USDA Chief Economist Seth Meyer said the latest numbers indicate a cooling in year over year growth.
According to NASS, Cash rent across the PNW varied this year, while farm real estate value moved higher in all three states.
Cash rent expense for all cropland in Idaho is estimated at $194 per acre this year, up $14 per acre from 2021. Irrigated cropland is estimated at $262 per acre, up $26.00 p...
As commodity prices fell over the past few years, many landowners across the country agreed to lower cash rents. The annual LandOwner/Pro Farmer Cash Rent and Values Survey shows a majority of the respondents expecting cash rents to continue their lower trend in 2018. La...
The USDA’s National Agricultural Statistics Service has released 2017 results for cash rents across the Northwest and both Oregon and Washington saw increases for cropland, but decreases for pasture.
Cropland in Oregon was up 11 percent averaging $152 per acre, $205 per irrigated acre and $90 per non-irrigated acre. Washingto...