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Get Sealed Bid Form Agriculture Leases - Commissioners Of The Land Office
Mes as you want them on the Contract should you be the successful bidder.) Social Security No.: Address: City, State, Zip: Telephone No. E-Mail: I BID $.
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FAQ
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Leasing agricultural land means giving out a part or your entire shamba to someone else, like a farmer, so they can use it for farming for an agreed period of time.
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As in prior surveys, cash rental rates for dryland wheat were highest in the north-central region of the state, averaging $36.53 per acre, compared to $29.20 to $31.63 in other regions of the state (Table 2). The state average of $32.54 declined marginally from the 2018 average of $32.90.
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Oklahoma has a large amount of land for development. Farmland in Oklahoma is valued at an average of $2,020 per acre. The most popular regions for buying land are the panhandle and the south. The panhandle is more affordable but less populated, while the south has higher prices and a higher population density.
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What type of activities can the CLO lands be used for? Commissioners of the Land Office agricultural leases may be used for farming and ranching, as well as for hunting and recreational use. Minerals are leased for the purpose of oil and gas exploration and production.
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Over the last 20 years, farmland rental rates per acre in oklahoma have risen from an average of $32 per acre in 2012 to $34 per acre in 2019. This represents an increase of $2 over this time period with an average implied capitalization rate of 2.1%.
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Average 2022 Cash Rents in Illinois The National Agricultural Statistics Service (NASS) reported the average cash rent for Illinois in 2023 at $259 per acre, up by $16 per acre from the 2022 level of $243 per acre (see Figure 1).
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