South Dakota Cash Rents By County 2024. Average cash rental rates for rangeland and pasture ranged from $16. They varied from $781 to $1,240 per acre.
“cash rents for state averages were up. Cash rents are widely used in leasing south dakota crop, hay and pas ture land.
Over The Last 20 Years, Farmland Rental Rates Per Acre In South Dakota Have Risen From An Average Of $116 Per Acre In 2009 To $128 Per Acre In 2019.
South dakota’s farm real estate value, a measurement of the value of all land and buildings on farms, increased from 2021, according to usda’s national agricultural statistics.
They Varied From $781 To $1,240 Per Acre.
The level of 2023 returns is still uncertain.
Our Accredited Farm Managers Are Ready To Assist You In South Dakota Cash Rents And Farm Leasing Services.
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Still, Average 2023 Cash Rents Likely Will Be Above Operator And Land Returns For 2023, Leading To Losses On Cash Rent Farmland And Putting.
Dryland cropland rent averaged $126.00 per acre, $1.00 higher than a year earlier.
Data Are Summarized To Provide The Mean Cash Rental Rate For Each Land Use Category In Each District And County.
Professional managers of farmland are indicating that cash rents will rise in 2023.
Recent Trends Offer Clues To Understanding Rental Rates And Negotiating Leases.