Ohio Farmland Cash Rent for 2009

February 10, 2009 at 7:00 am 4 comments

Barry Ward, Ohio State University’s Leader in Production Business Management, has very recently released data for Ohio farmland cash rent.  Ward reports that Ohio cropland values are falling, with cash rents leveling off to slightly up.  Data is taken from the “Ohio Cropland Values and Cash Rents” survey, which is conducted annually. Surveyed groups include farm managers, rural appraisers, agricultural lenders, OSU Extension Educators, farmers, and Farm Service Agency personnel. Van Wert County is considered northwest Ohio, so preliminary results shown below are for Northwest Ohio (NW Results).

NW Ohio Cash Rent 2009

Table 1. NW Ohio Cash Rent predicted for 2009 (click image to enlarge table).

The table shows the simple average of the data  (Avg), as well as the standard deviation (Std) of the data for that measure. In addition, the table also shows the average plus one standard deviation (Avg+Std), and average minus one standard deviation (Avg-Std). These latter two numbers reported indicate a range within which about two-thirds of the responses in the data for that measure will fall.

The full report for Ohio is available in the February, 2009 Ohio Ag Manager Newsletter:

http://ohioagmanager.osu.edu/news/archive/2009/0209b.php

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4 Comments

  • 1. marv loutsenhizer  |  August 28, 2009 at 1:36 pm

    Can you help? I am looking for information on what cash rent should be for farmground in Defiance County Ohio. I would appreciate information on each of the following categories.
    top-quality land, average quality land and poor quality land.

    • 2. andykleinschmidt  |  August 30, 2009 at 9:57 pm

      Thanks for the note. I forwarded your information to Bruce Clevenger, Defiance County Extension Educator.

  • 3. stan summers  |  November 28, 2009 at 8:49 am

    info on cash rent in pickaway co ohio

    • 4. andykleinschmidt  |  November 29, 2009 at 11:19 pm

      According to USDA NASS data the 2008 average cash rent for Pickaway County, Ohio was $102/acre.


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This blog is no longer being maintained. Information on this blog may still be relevant, but for the latest agronomic information and farm management information please visit http://corn.osu.edu and http://ohioagmanager.osu.edu, respectively.

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