Kansas Farm Land Lease
Description
How to fill out Farm Land Lease?
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FAQ
The value of an acre of land varies quite a bit depending on a number of factors. The average cost of land in the contiguous United States is about $12,000 per acre.
Historically, Kansas land has appreciated at a rate of 8% -10% per year over time. There are some years where appreciation is greater than others and rarely have we seen decreasing values in Kansas land. Land appreciation has been constant in large part due to scarcity because they aren't making any more land.
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.
LOCATION, LOCATION, LOCATION: land values in Kansas range from $4,100/acre in the North East region to $1,175/acre in the South West region of the state. In more productive cropland and grazing land areas the value per acre is typically higher than lower producing areas with less annual rainfall.
As the 15th largest state in the U.S., Kansas measures 82,278 square miles, 213,099 square kilometers, or 52,657,920 acres.
Termination of the tenancy must be set to take place on March 1, even when the land is all planted to a fall-seeded crop. The lease will continue until a termination date is set by proper notice.
The average per acre rent for hunting was $11.29 in 2023, while the per acre rent for haying averaged $39.17. For respondents who had tame pasture, 22.33% of them reported that they harvested hay to sell off of that pasture.
In Kansas, there are 45,759,319 acres of farmland, which accounts for 87.5 percent of all Kansas land. More than 21 million acres in Kansas is harvested for crops and over 14 million is pastureland for grazing animals.
