Cash rental rates are on the decline in most Northeast states, according to data from the National Agricultural Statistics Service.
New York state and Vermont cash rental rates are the exception with slight increases in all four categories — average, irrigated, nonirrigated and pastureland — from 2019.
The highest average cash rental rate is in Delaware at $112 an acre, followed by Maryland at $107 an acre. The lowest cash rental rate is in West Virginia at $39 an acre.
Pennsylvania’s average cash rental rate is $92 an acre, while the average rate is $67.50 in New York state.
The cash rental tool from NASS is a handy guide to helping landowners set cash rental rates for the coming year. You can access the tool online and do your own research.
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.
Here are the 2020 cash rental rates by state in the Mid-Atlantic and Northeast:
Connecticut. Nonirrigated rates are $60 an acre.
Delaware. Average rates are $112 an acre, down from $119 an acre; irrigated rates are $151 an acre, down from $161 an acre; and nonirrigated rates are $94 an acre, down from $97 an acre.
Maine. Nonirrigated rates are $62 an acre (data for 2020 unavailable).
Maryland. Average rates are $107 an acre, down from $109 an acre; irrigated rates are $194 an acre, down from $196 an acre; nonirrigated rates are $98 an acre, down from $100 an acre; and pastureland rates are $48 an acre, up from $44 an acre.
Massachusetts. Average rates are $82.5 an acre, down from $88 an acre; irrigated rates are $210 an acre, down from $240 an acre; nonirrigated rates are $68 an acre, down $71 an acre; and pastureland rates are $28 an acre.
New Hampshire. Average rates are $49.5 an acre, up from $44 an acre; irrigated rates are $250 an acre; nonirrigated rates are $46 an acre, up from $40 an acre; and pastureland rates are $27 an acre.
New Jersey. Average rates are $79 an acre, down from $82 an acre; irrigated rates are $135 an acre, down from $139 an acre; nonirrigated rates are $65 an acre, no change; and pastureland rates are $43 an acre, down from $45 an acre.
New York. Average rates are $67.5 an acre, up from $66 an acre; irrigated rates are $155 an acre, up from $145 an acre; nonirrigated rates are $66 an acre, up from $65 an acre; and pastureland rates are $27 an acre, up from $26 an acre.
Pennsylvania. Average rates are $92 an acre, down from $94 an acre; irrigated rates are $165 an acre, down from $173 an acre; nonirrigated rates are $91 an acre, down from $93 an acre; and pastureland rates are $21 an acre, down from $27 an acre.
Vermont. Average rates are $53.5 an acre, up from $51 an acre; irrigated rates are $150; nonirrigated rates are $53 an acre, up from $50 an acre; and pastureland rates are $29 an acre, unchanged.
West Virginia. Average rates are $39 an acre, down from $43 an acre; nonirrigated rates are $39 an acre, down from $43 an acre; and pastureland rates are $13 an acre, down from $14 an acre.
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