Price Per Acre In Michigan 2024. It’s hard to know for sure how higher rates will influence the land market moving forward. Over the last 20 years, the price of farmland per acre in the united states has risen by an average of 4.9% per year to $5,586 per acre as of 2019.
The “usda farmland cash rental rates” document is a listing of cash rental rates by. These are the december 2023 crop budget estimations for 2024;
The “Usda Farmland Cash Rental Rates” Document Is A Listing Of Cash Rental Rates By.
This series of reports, updated quarterly, summarizes bid prices from state forest timber sales.
According To The Usda’s National Agricultural Statistics Service Evaluation Of The Great Lakes.
See land prices, acres, land use, and gis data for each sale and build comparable sales reports.
Over The Last 20 Years, The Price Of Farmland Per Acre In Michigan Has Risen By An Average Of 4.8% Per Year To $5,900 Per Acre As Of.
† survey data from quick stats as of:
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The Value Of Michigan Cropland Jumped 11.3% To $5,900 Per Acre From August 2022 To August 2023 — An Increase Of $600 Per Acre.
73 rows 2023 state agriculture overview.
Over The Last 20 Years, The Price Of Farmland Per Acre In The United States Has Risen By An Average Of 4.9% Per Year To $5,586 Per Acre As Of 2019.
Prepared by purdue faculty members michael r.
For Example, The Two States With The Lowest Farm Cost Per Acre Have The Lowest Overall Cost.
Over the last 20 years, the price of farmland per acre in michigan has risen by an average of 4.8% per year to $5,900 per acre as of.