In this form a landowner is leasing land to another for the pasturing and grazing of cattle.
In this form a landowner is leasing land to another for the pasturing and grazing of cattle.
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The statewide average for pastureland was $8.50 per acre, which is up from $7.70 last year. Ranchers in Falls County paid the most to rent pastureland at an average of $24.50 per acre. Several counties have cash rent rates ranging from $20 to $23 per acre: Red River County ? $23/acre.
Leasing land to another person for grazing can benefit both the landowner and the lessee. It allows an additional source of income for the landowner and permits the lessee to run livestock on land without incurring the long-term debt associated with purchas- ing property.
Pasture lease rates are considerably lower than crop land, because livestock generate a much lower return per acre. Average pasture rental rates were reported from five counties in the Panhandle. The average rates ranged from $18.50/acre to $37.00/acre, with an average of $26.10/acre.
Pastureland, at $1,850 per acre, was $350 higher than the previous year. Cash rents paid to landlords in 2022 for cropland increased from last year. Irrigated cropland rent averaged $143.00 per acre, $4.00 above last year. Dryland cropland rent averaged $61.50 per acre, $3.50 higher than a year earlier.
Remember, you can see the average lease rates for your county in Texas by clicking here. The statewide average for pastureland was $7.70/acre, which is up from $7.10 last year.