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USDA-NASS Releases 2022 Cash Rent Report

USDA-NASS Releases 2022 Cash Rent Report

By Tiffany Dowell

Each year, the USDA National Agricultural Statistics Service conducts a nationwide survey to gather data and compile a report showing average cash rental rates across the United States.  Please note that all reported cash rent amounts are listed in a per acre/per year format.

Pastureland

The statewide average for pastureland was $7.70/acre, which is up from $7.10 last year. The highest pastureland rental rates were reported in Falls County at $23/acre, Wharton County at $21.50/acre, Bowie County at $21.00/acre, and Delta County at$20.50/acre. Conversely, the lowest reported pastureland lease averages were in West Texas with Culberson County coming in at $0.60/acre, Hudspeth at $0.90/acre, and $1.10 in Upton County.

Irrigated Cropland

The Texas average lease rate for irrigated cropland was $112/acre, up $12 from 2021.  The highest average reported lease rates were in Hartley County ($232/acre) and Sherman County ($202/acre). The lowest reported rates for irrigated cropland came from Caldwell County ($32.50/acre) and Chambers County ($50/acre).

Non-Irrigated Cropland

Statewide non-irrigated cropland lease rates averaged $31.00/acre, up $1.00 from last year.  The highest reported rental for non-irrigated cropland was found in Willacy County and San Patricio County, both at $69.50/acre, and $69/acre in Nueces County.  On the other hand, the lowest rates came from Mason County at $8.10, Comal County at $8.40, Llano County at $8.50, and Hemphill County at $8.60

District Summary

Dr. Greg Kaase pulled together the following table showing the average cash lease rates for 2021 and 2022 for each of Texas’ regions.

Click here to see more...

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