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Over the last 20 years, farmland rental rates per acre in tennessee have risen from an average of $56 per acre in 1996 to $102 per acre in 2019. This represents an increase of $46 over this time period with an average implied capitalization rate of 2.6%.
The value of Georgia's irrigated land averaged $4,550 per acre in 2018, up 11 percent from 2017, when the state's average irrigated land value was $4,070 per acre. Non-irrigated cropland value fell five percent, from $3,180 per acre in 2017 to $3,010 per acre in 2018.
The 2019 average irrigated cropland rent for Georgia is $208 per acre, while the average for non-irrigated cropland is $67 per acre. for cropland increased by $10 to $126. cropland rent was $208 per acre.
The 2019 average irrigated cropland rent for Georgia is $208 per acre, while the average for non-irrigated cropland is $67 per acre. for cropland increased by $10 to $126. cropland rent was $208 per acre. cropland was $67 per acre.
Georgia cash rent for cropland was unchanged for 2020 at $126 per acre. In South Carolina, cash rent for cropland increased $0.50 to $47.50 per acre.