Menu Close

How much is it to rent a hay field in Ohio?

How much is it to rent a hay field in Ohio?

Pasture Rental rates per acre in the state of Ohio ranged from $12.50 to $66.50 across 34 reporting counties in the state of Ohio in 2019 (USDA NASS). For the sake of discussion, if we throw out the high and low, the range is then $12.50 to $56.50 (more than one county reports $12.50).

How much does farmland rent for per acre in Ohio?

Average cropland rented for an average of $199 per acre in 2020 according to survey results. Average cropland is expected to rent for $207 per acre in 2021 which amounts to a 3.88 percent increase in cash rent year-over-year.

How much does it cost to lease farm land in Ohio?

Ohio’s cropland cash rent was $156.00 per acre in 2020, up $1.00 from the previous year. Cropland cash rents in the Corn Belt region decreased $1.00 from last year to $202.00 per acre.

What is the average cash rent in Ohio?

The average value of cropland in the United States increased 7.8 percent from 2020 to $4,420 per acre. Ohio’s pasture value was $3,440 per acre, up 2.1 percent from 2020. Ohio’s cropland cash rent was $160.00 per acre in 2021, up $4.00 from the previous year.

How much does it cost to lease a dairy farm?

Farm rents vary according to many issues. Broad brush rentals are around $350.00 per acre, or $865.00 per hectare for dairy land with no shares. Rents increase to $450.00, or $1,112.00 when dairy company shares are included.

How much does farmland rent for per acre in California?

Non-irrigated cropland, at $3,650 per acre, was up $250 per acre from last year. All cropland, at $10,140 per acre, was up $280 per acre from last year. The average value of pastureland, at $2,700 per acre, was $50 per acre greater than the previous year.

How many times a year can you harvest hay?

How many times a year can you harvest hay? In most areas of the country, grass hay can be cut twice, sometimes three times, per year. The first cutting generally has the largest yield.

What is a good cost for an acre?

$39,092
Average Cost Per Acre

Rank State Avg. Cost Per Acre
8 California $39,092
9 Ohio $32,077
10 Pennsylvania $31,923
11 Florida $28,961

What is the going rate for leasing farmland NZ?

How much deposit do I need to buy a farm NZ?

In most cases, you will need at least a 20 percent deposit.