Agricultural Resources and Environmental Indicators: Farm Real Estate Values, Rents, and Taxes
Kenneth Krupa and Charles Barnard
No. (AH722) ,
October 2001
Farm real estate values and cash rents are important indicators of the financial condition of the farm sector.
Farm real estate values are influenced by net returns from agricultural production, capital investment in farm
structures, interest rates, government commodity programs, property taxes, and nonfarm demands for farmland.
Values have been steadily rising since 1987. By early 1995, the average value of U.S. farm real estate exceeded
the previous high set in 1982 before values began to decline. The most recent survey information indicates that
average value continued to increase throughout calendar 2000; cash rents also were generally stable to higher
for the 2001 crop year.
Keywords: agricultural economics, land value, farm real estate, cash rent, grazing fee, property tax, ERS, USDA
In this series ... Reports are
in Adobe Acrobat PDF format.
Chapter 1.2: Farm Real Estate Values, Rents, and Taxes, 871 kb.
Contents
- Farm Real Estate Values
- Cash Rents
- Grazing Fees
- Agricultural Real Estate Taxes
- Factors Affecting Farm Real Estate Values
- Nonmarket Public Goods of Farmland
- References
See other chapters in the Agricultural Resources and Environmental Indicators series.
Updated date: October 11, 2001
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