Agriculture

August 4, 2014

Kansas farmland values continue to climb

The value of Kansas agricultural real estate, which includes all land and buildings, has increased an average of 17 percent, or $310 per acre, over the past year, to $2,050 per acre, according to U.S. Department of Agriculture.

The value of Kansas agricultural real estate, which includes all land and buildings, has increased an average of 17 percent, or $310 per acre, over the past year, to $2,050 per acre, according to U.S. Department of Agriculture.

The value of cropland overall increased 17 percent to $2,260 an acre, with irrigated cropland up $520 to $3,280 an acre, and non-irrigated cropland up $310 to $2,150 an acre.

The value of pastureland rose $150 to $1,300 an acre.

The cost of renting irrigated cropland averaged $126 an acre, a decrease of $11, while non-irrigated cropland rent averaged $54 an acre, up slightly from a year earlier.

The cost of renting pasture averaged $17.50 an acre, unchanged from the previous year.

Related content

Comments

Editor's Choice Videos