How Much Should I Charge/Pay for Pasture Rental?

Good question! And one I've been asked quite often. One good place to start is at the USDA National Agricultural Statistics Service. NASS is the federal agency tasked gathering and reporting the facts on American agriculture for people working in and depending on the industry. In addition to a Census of Agriculture every five years, NASS conducts hundreds of surveys each year and prepares reports covering virtually every aspect of U.S. agriculture. Production and supplies of food and fiber, prices paid and received by farmers, farm labor and wages, farm finances, chemical use, and changes in the demographics of U.S. producers are only a few examples. Every other year, they conduct a "Cash Rents Survey" to gather information about and report on rent prices paid for irrigated and non-irrigated cropland, and for pasture. They start in mid-February sending out surveys to farmers and ranchers, and, to make sure they're getting responses, they follow up with phone calls and sometimes in-person visits. Then, in early August they release the statewide data, followed up by data by county in late-August. You can read more about the survey and estimating process here, but for now, let's cut to the chase and get you to the answers. Click Here to See Statewide Cash Rent Estimates You'll arrive at a page that looks like this: As you scroll to the right, you'll see the estimates per acre for cropland and pasture. They're listed in alphabetical order by state. After you've scr

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