Cash Rent paid for non-irrigated cropland in Minnesota during 2014 averaged $185.00 per acre, an increase of $8.00 from 2013, according to the latest report released by USDA’s National Agricultural Statistics Service.
Crop land rental rates continue to rise in Minnesota, according to a new survey from the National Ag Statistics Service (Photo from AgWeb.com)
Non-irrigated cropland rents ranged from an average of $14.00 per acre in St. Louis County, to $276.00 per acre in Nicollet County. Six counties had average rents greater $270.00 per acre and 10 counties had average rents less than $40.00 per acre.
Cash rent paid for pasture in Minnesota averaged $26.00 per acre in 2014, down $2.00 from 2013. Average cash rents ranged from $8.60 per acre in Carlton County to $61.50 per acre in Brown County.
Cash rent rates for irrigated cropland and other states are available online at:
Here are some of the cash rents for southeast Minnesota:
Minnesota Farmers are shelling out an average of $8 more per acre for cropland than they did last year, according to a survey from the National Ag Statistics Service (photo from farmprogress.com)
Olmsted County: Cash rents on non-irrigated cropland average $246 per acre, up from $220 last year. The average cash rent for pasture is $29 an acre, up from $26 last year.
Wabasha County: Cash rents on non-irrigated cropland average $222 per acre, up from $206 last year. Cash rents for pasture average $44.50 per acre.
Dodge County: Cash rents on non-irrigated farmland average $274 per acre, up from $264 last year. Cash rents for pasture land average $45 dollars per acre, up from $41 last year.
Fillmore County: Cash rents for non-irrigated farmland average $236 per acre, and that’s actually down from $245 last year. Cash rents for pasture land average $43 per acre, up from $41 dollars an acre last year.
Winona County: Cash rents for non-irrigated cropland average $222 per acre, up from $206 last year. Average cash rents for pasture land is $26 per acre, and that’s down from $40 per acre a year ago.