Nationally, cash rents per acre paid to landlords for cropland in 2010 rose $3.00 (3.0%), while pasture rents remained unchanged.

Cropland cash rents averaged $102.00 per acre, compared with $99.00 per acre for 2009. Pasture cash rents averaged $11.00 per acre, consistent with the 2009 price but above the 2008 price of $10.50.

The increase in cropland land rental rates are the result of producers receiving strong commodity prices, while pasture cash rent is affected less by commodity prices and more by land values.

The Appalachian region had the highest percentage increase for cropland, 7.6 percent above 2009. Cropland cash rents increased $2.50 per acre to $71.00 in the Northern Plains region and $3.00 per acre to $152.00 in the Corn Belt region. The Corn Belt and Northern Plains regions account for slightly more than one half of cash rented cropland acreage in the United States.

The major corn and soybean producing states of Illinois, Indiana, and Iowa experienced increases in cropland cash rents. Illinois increased 3.7% to $169.00 per acre, while Indiana and Iowa both increased approximately 1% to $141.00 and $176.00 per acre, respectively.

While pasture rent in the Northern Plains remained unchanged from the previous year, rents in the Southern Plains increased by 10 cents and rents in the Mountain region decreased 10 cents. The Northern Plains, Southern Plains, and Mountain regions account for nearly 83 percent of the cash rented pasture acreage in the United States. The cash rent paid for pasture in the Corn Belt region decreased $1.50 to $29.50 per acre, which is the highest cash rent paid for pasture in the United States.

Read more: USDA

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