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Prices and rents for agricultural land depend on supply and demand. ... to 2020 data from the US Department of Agriculture is $4,607 per acre [20] (about $11,000 per ...
This article includes the table with land use statistics by country.Countries are ranked by their total cultivated land area, which is the sum of the total arable land area and total area of permanent crops.
shows a tractor plowing a crop field. Worker overseeing cotton gin, ca. 1940s. Agriculture is a major industry in the United States, which is a net exporter of food. [1] As of the 2017 census of agriculture, there were 2.04 million farms, covering an area of 900 million acres (1,400,000 sq mi), an average of 441 acres (178 hectares) per farm.
Land values in Willamette Valley, the most valuable farmland in the state, are more than $20,000 per acre because of the value of the crops such as wine grapes and fruit orchards grown there.
If you've always dreamed of being a landowner but are intimidated by the prices, you're in luck. There are several states in the U.S. where you can pursue your dream for under $10,000 per acre ...
But to encourage more sales and make them more affordable, Congress also reduced both the minimum price (from $2.00 to $1.25 (equivalent to $27 in 2023 [1]) per acre ($495 to $309/km 2)) and the minimum size of a standard tract (from 160 to 80 acres (647,000 to 324,000 m 2)). The minimum full payment now amounted to $100, rather than $320. [2]
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