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  1. Sep 3, 2024 · Between 2020 and 2024, average cash rents in Illinois increased by $47 per acre. From 2020 through 2022, returns were above average (see Figure 1), providing the impetus for increasing cash rents. Cash rents vary across Illinois, as illustrated in Figure 3, which shows average county cash rents for non-irrigated cropland released by NASS on August 23.

  2. Overall, cash rents increased from 2022 to 2023. Results from the Illinois Society survey suggest that cash rents may decline slightly from 2023 to 2024. 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).

  3. Apr 3, 2024 · Cash rent rates are a common yet recurring question that is continuously researched. Before discussing averages and costs, dig deeper into the impact of determining cash rent. Understanding Cash Rent. Most landowners are seeking an average cash rent amount to charge a farmer per acre for one year of land use. Overall, supply and demand ...

  4. Aug 23, 2024 · Illinois Average 269.00 Dollars per Acre 2024 Illinois Cash Rent Paid Per Acre - Non-Irrigated Cropland Estimates Last Updated 08/23/2024. Created Date:

  5. www.nass.usda.gov › Statistics_by_State › IllinoisIllinois Cash Rent

    Aug 23, 2024 · Illinois Cash Rent County Estimates (August 2024) 1 USDA, National Agricultural Statistics Service, Heartland Regional Field Office Released August 23, 2024 Illinois Cash Rent County Estimates Cash Rent by Land Type and County – Illinois: 2024 County and state Irrigated cropland Non-Irrigated cropland Pastureland

  6. Sep 13, 2022 · The National Agricultural Statistics Service (NASS) reported the average cash rent for Illinois in 2022 at $243 per acre, up by $16 per acre from the 2021 level of $227 per acre (see Figure 1). The 2022 rent is a record for Illinois, surpassing the previous high of $234 set in in 2013.

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  8. Aug 25, 2023 · Illinois Cash Rent County Estimates (August 2023) 1 USDA, National Agricultural Statistics Service, Heartland Regional Field Office Released August 25, 2023 Illinois Cash Rent County Estimates Cash Rent by Land Type and County – Illinois: 2023 County, district, and state Irrigated cropland Non-Irrigated cropland Pastureland

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