ID

AAEC-91NP

Authors as Published

Lex Bruce, Research Associate, Department of Agricultural and Applied Economics, Virginia Tech; Gordon E. Groover, Extension Economist, Farm Management, Department of Agricultural and Applied Economics, Virginia Tech

Cover, 2014 NASS Cropland and Pastureland Rental Rates

This publication is available in PDF format only.

NASS rental rates are annual values in $/acre per year summarized from NASS surveys for the crop year 2014 and the data can be found at this NASS site: http://quickstats.nass.usda.gov/. If there are sufficient number of responses to meet NASS nondisclosure requirements for a jurisdiction then that value is published. For example, in Table 1 the specific rental rate for cropland in Albemarle is $18.5 per acre. When there are not enough responses in a jurisdiction to meet NASS nondisclosure requirements, then all the data for the non-disclosed jurisdictions within a crop reporting district is summarized and published as a Combined Counties value. For example, in Table 1 the rental rate for pasture land in Accomack is $34 per acre, the combined value for Eastern District counties. For jurisdictions in the Eastern and Southeastern Crop Reporting Districts (Table 2), few individual counties had sufficient responses to provide county-level pastureland values; thus, the Combined County value is published. A note of caution: Combined Counties rental rates cut across jurisdictional lines and may not reflect all local market conditions.

Archived annual publications can be accessed from: http://www.sites.ext.vt.edu/newsletter-archive/.


Virginia Cooperative Extension materials are available for public use, reprint, or citation without further permission, provided the use includes credit to the author and to Virginia Cooperative Extension, Virginia Tech, and Virginia State University.

Issued in furtherance of Cooperative Extension work, Virginia Polytechnic Institute and State University, Virginia State University, and the U.S. Department of Agriculture cooperating. Edwin J. Jones, Director, Virginia Cooperative Extension, Virginia Tech, Blacksburg; M. Ray McKinnie, Administrator, 1890 Extension Program, Virginia State University, Petersburg.

Publication Date

May 4, 2015