As crop prices have risen, so have land cash rental rates across the Northeast, Michigan and Ohio, according to data from the National Agricultural Statistics Service.
Ohio has the highest cash rental rate in the region this year, averaging $160 per acre. Michigan’s cash rental rate average is $138 per acre. The highest average cash rental rate in the Northeast is in Delaware at $114 per acre.
Pennsylvania’s average cash rental rate is $94 per acre, while New York state’s average cash rental rate is $69 per acre.
Maryland’s average cash rental rate is $111 per acre.
Average land cash rental rates decreased in Maine, New Jersey and Vermont.
The cash rental tool from NASS is a handy guide to helping landowners set cash rental rates. You can access the tool and do your own research at bit.ly/landratesNortheast. County-level cash rental rates will be published later this month.
You will need to specify “geographical regions” and “years.” In most cases, you will be able to get irrigated and nonirrigated cropland rental rates, as well as pastureland rental rates.
About 280,000 farms and ranches across the U.S. were contacted for the survey. They were asked about total acres operated and acres rented for cash in three land-use categories: irrigated cropland, nonirrigated cropland and permanent pasture.
Here are the 2021 cash rental rates by average, as well as irrigated and nonirrigated cropland, in the Northeast, Ohio and Michigan:
Connecticut
Nonirrigated: $78 per acre, up from $60 per acre
Delaware
Average: $114 per acre, up from $112 per acre
Irrigated: $166 per acre, up from $151 per acre
Nonirrigated: $88 per acre, down from $94 per acre
Maine
Nonirrigated: $59 per acre, down from $62 per acre
Maryland
Average: $111 per acre, up from $107 per acre
Irrigated: $197 per acre, up from $194 per acre
Nonirrigated: $103 per acre, up from $98 per acre
Pastureland: $53 per acre, up from $48 per acre
Massachusetts
Average: $97 per acre, up from $82.5 per acre
Irrigated: $260 per acre, up from $210 per acre
Nonirrigated: $78 per acre, up from $68 per acre
Pastureland: $32 per acre, up from $28 per acre
Michigan
Average: $138 per acre, up from $128 per acre
Irrigated: $232 per acre, up from $215 per acre
Nonirrigated: $131 per acre, up from $121 per acre
Pastureland: $35 per acre, up from $28 per acre
New Hampshire
Average: $54.5 per acre, up from $49.5 per acre
Irrigated: $250 per acre (no data for 2021)
Nonirrigated: $49 per acre, up from $46 per acre
Pastureland: $27 per acre (no data for 2021)
New Jersey
Average: $76 per acre, down from $79 per acre
Irrigated: $128 per acre, down from $135 per acre
Nonirrigated: $66 per acre, up from $65 per acre
Pastureland: $46 per acre, up from $43 per acre
New York
Average: $69 per acre, up from $67.5 per acre
Irrigated: $145 per acre, down from $155 per acre
Nonirrigated: $68 per acre, up from $66 per acre
Pastureland: $25 per acre, down from $27 per acre
Ohio
Average: $160 per acre, up from $156 per acre
Irrigated: $199 per acre, up from $190 per acre
Nonirrigated: $160 per acre, up from $156 per acre
Pastureland: $26 per acre, no change
Pennsylvania
Average: $94 per acre, up from $92 per acre
Irrigated: $162 per acre, down from $165 per acre
Nonirrigated: $93 per acre, up from $91 per acre
Pastureland: $40 per acre, up from $21 per acre
Vermont
Average: $52.5 per acre, down from $53.5 per acre
Irrigated: $150 per acre
Nonirrigated: $52 per acre, down from $53 per acre
Pastureland: $26.5 per acre, down from $29 per acre
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