Agricultural Land Values Final Estimates

United States Department of Agriculture National Agricultural Statistics Service Agricultural Land Values Final Estimates 2009-2013 June 2014 Statis...
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United States Department of Agriculture National Agricultural Statistics Service

Agricultural Land Values Final Estimates 2009-2013 June 2014

Statistical Bulletin Number 1031

Contents Farm Real Estate Average Value per Acre – Regions and States: 2009-2013 ....................................................................... 4 Cropland Average Value per Acre – Regions and States: 2009-2013 .................................................................................... 6 Irrigated and Non-Irrigated Cropland Average Value per Acre – States: 2009-2013............................................................. 8 Pasture Average Value per Acre – Regions and States: 2009-2013 ..................................................................................... 10 Farm Real Estate Value of Farmland and Buildings – Regions and States: 2009-2013 ....................................................... 11 Economic Regions ................................................................................................................................................................ 13 Statistical Methodology ........................................................................................................................................................ 14 Terms and Definitions........................................................................................................................................................... 15 Statistical Bulletin Publication Schedule .............................................................................................................................. 16 Information Contacts ............................................................................................................................................................ 17

Agricultural Land Values Final Estimates 2009-2013 (June 2014) USDA, National Agricultural Statistics Service

3

Farm Real Estate Average Value per Acre – Regions and States: 2009-2013 Region and State

2009

2010

2011

2012

2013

(dollars)

(dollars)

(dollars)

(dollars)

(dollars)

Northeast ........................................ Connecticut ................................. Delaware ..................................... Maine .......................................... Maryland ..................................... Massachusetts ............................ New Hampshire .......................... New Jersey ................................. New York .................................... Pennsylvania ............................... Rhode Island ............................... Vermont ......................................

4,810 12,000 8,910 2,130 7,380 12,000 4,770 13,800 2,400 5,120 15,800 2,880

4,690 11,500 8,130 2,050 6,980 11,200 4,690 13,100 2,400 5,050 14,600 2,900

4,690 11,600 8,140 2,080 6,870 10,900 4,560 12,800 2,450 5,070 14,400 2,980

4,790 11,200 8,150 2,070 6,760 10,400 4,440 12,300 2,650 5,300 13,800 3,060

4,850 11,100 8,170 2,100 6,930 10,400 4,310 12,800 2,600 5,430 13,800 3,200

Lake States ..................................... Michigan ..................................... Minnesota ................................... Wisconsin ...................................

3,240 3,670 2,810 3,700

3,220 3,490 2,870 3,650

3,450 3,600 3,160 3,880

3,880 3,890 3,740 4,110

4,240 4,300 4,300 4,100

Corn Belt ......................................... Illinois .......................................... Indiana ........................................ Iowa ............................................ Missouri ...................................... Ohio ............................................

3,550 4,450 3,960 3,780 2,160 3,810

3,830 4,720 4,170 4,350 2,270 3,850

4,460 5,390 5,070 5,410 2,420 4,160

5,190 6,210 5,840 6,530 2,710 4,640

5,880 7,100 6,400 7,700 2,850 5,100

Northern Plains ............................... Kansas ........................................ Nebraska .................................... North Dakota ............................... South Dakota ..............................

1,000 1,010 1,320 767 879

1,080 1,060 1,470 821 945

1,290 1,240 1,840 930 1,090

1,620 1,510 2,420 1,160 1,330

1,960 1,750 2,800 1,550 1,690

Appalachian .................................... Kentucky ..................................... North Carolina ............................. Tennessee .................................. Virginia ........................................ West Virginia ...............................

3,490 2,800 4,210 3,260 4,750 2,360

3,480 2,780 4,120 3,460 4,500 2,330

3,520 2,750 4,340 3,510 4,350 2,580

3,530 2,840 4,330 3,520 4,260 2,540

3,610 3,020 4,340 3,570 4,310 2,550

See footnote(s) at end of table.

4

--continued

Agricultural Land Values Final Estimates 2009-2013 (June 2014) USDA, National Agricultural Statistics Service

Farm Real Estate Average Value per Acre – Regions and States: 2009-2013 (continued) Region and State

2009

2010

2011

2012

2013

(dollars)

(dollars)

(dollars)

(dollars)

(dollars)

Southeast ........................................ Alabama ...................................... Florida ......................................... Georgia ........................................ South Carolina .............................

3,750 2,250 5,300 4,030 2,930

3,630 2,300 5,090 3,770 2,950

3,610 2,340 5,130 3,610 2,980

3,530 2,390 5,160 3,260 3,010

3,590 2,500 5,200 3,300 2,980

Delta States ..................................... Arkansas ..................................... Louisiana ..................................... Mississippi ...................................

2,140 2,340 1,970 2,020

2,210 2,400 2,050 2,080

2,300 2,440 2,200 2,200

2,440 2,620 2,400 2,250

2,520 2,700 2,550 2,270

Southern Plains ............................... Oklahoma .................................... Texas ...........................................

1,450 1,150 1,530

1,520 1,200 1,600

1,580 1,260 1,670

1,620 1,370 1,690

1,630 1,450 1,680

Mountain .......................................... Arizona 1 ...................................... Colorado ...................................... Idaho ........................................... Montana ...................................... Nevada 1 ...................................... New Mexico 1 ............................... Utah 1 .......................................... Wyoming .....................................

918 3,440 1,100 2,200 700 998 470 1,800 530

902 3,390 1,080 2,110 700 997 460 1,810 540

899 3,330 1,100 2,060 710 995 470 1,800 560

953 3,370 1,170 2,140 760 1,040 520 1,800 590

1,010 3,500 1,280 2,220 790 1,040 500 1,900 600

Pacific .............................................. California ..................................... Oregon ........................................ Washington ..................................

3,990 6,580 1,770 1,990

4,070 6,660 1,830 2,030

4,100 6,670 1,900 2,060

4,270 6,880 1,960 2,260

4,290 6,900 1,970 2,300

48 States 2 .......................................

2,090

2,150

2,300

2,520

2,730

1

Excludes American Indian Reservation Land. 2 Excludes Alaska and Hawaii.

Agricultural Land Values Final Estimates 2009-2013 (June 2014) USDA, National Agricultural Statistics Service

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Cropland Average Value per Acre – Regions and States: 2009-2013 Region and State

2009

2010

2011

2012

2013

(dollars)

(dollars)

(dollars)

(dollars)

(dollars)

Northeast ........................................ Delaware ..................................... Maryland ..................................... New Jersey ................................. New York .................................... Pennsylvania ............................... Other States 1 .............................

5,340 8,510 7,180 14,000 2,200 5,720 7,620

5,270 7,930 6,790 13,300 2,400 5,710 7,220

5,200 7,840 6,680 12,900 2,400 5,630 7,170

5,280 7,850 6,570 12,400 2,600 5,760 7,120

5,260 7,870 6,470 12,900 2,550 5,840 7,060

Lake States ..................................... Michigan ..................................... Minnesota ................................... Wisconsin ...................................

2,970 3,300 2,560 3,600

3,010 3,160 2,710 3,550

3,310 3,370 3,070 3,780

3,790 3,660 3,740 4,000

4,240 4,120 4,390 4,010

Corn Belt ......................................... Illinois .......................................... Indiana ........................................ Iowa ............................................ Missouri ...................................... Ohio ............................................

3,840 4,590 3,890 3,980 2,490 3,830

4,090 4,720 4,270 4,450 2,600 3,900

4,810 5,480 5,070 5,600 2,790 4,160

5,600 6,300 5,840 6,810 3,120 4,640

6,470 7,190 6,590 8,000 3,500 5,190

Northern Plains ............................... Kansas ........................................ Nebraska .................................... North Dakota ............................... South Dakota ..............................

1,280 1,030 2,150 787 1,380

1,410 1,110 2,430 840 1,520

1,730 1,340 3,130 987 1,790

2,210 1,650 4,190 1,260 2,200

2,720 1,930 4,860 1,750 2,840

Appalachian .................................... Kentucky ..................................... North Carolina ............................. Tennessee .................................. Virginia ........................................ West Virginia ...............................

3,550 3,090 3,730 3,230 4,950 3,440

3,490 3,070 3,650 3,310 4,600 3,300

3,440 3,080 3,610 3,270 4,350 3,340

3,550 3,210 3,850 3,260 4,500 3,250

3,690 3,430 4,050 3,340 4,450 3,200

See footnote(s) at end of table.

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Agricultural Land Values Final Estimates 2009-2013 (June 2014) USDA, National Agricultural Statistics Service

Cropland Average Value per Acre – Regions and States: 2009-2013 (continued) Region and State

2009

2010

2011

2012

2013

(dollars)

(dollars)

(dollars)

(dollars)

(dollars)

Southeast ........................................ Alabama ...................................... Florida ......................................... Georgia ........................................ South Carolina .............................

4,010 2,620 6,610 3,980 2,530

3,800 2,630 6,550 3,390 2,560

3,810 2,680 6,580 3,360 2,590

3,710 2,750 6,420 3,130 2,620

3,690 2,750 6,450 3,080 2,440

Delta States ..................................... Arkansas ..................................... Louisiana ..................................... Mississippi ...................................

1,810 1,830 1,740 1,830

1,890 1,910 1,800 1,950

2,020 1,990 1,970 2,100

2,160 2,180 2,120 2,180

2,380 2,380 2,260 2,470

Southern Plains ............................... Oklahoma .................................... Texas ...........................................

1,370 1,120 1,460

1,400 1,130 1,510

1,450 1,130 1,580

1,500 1,280 1,590

1,480 1,390 1,520

Mountain .......................................... Arizona 2 ...................................... Colorado ...................................... Idaho ........................................... Montana ...................................... Nevada 2 ...................................... New Mexico 2 ............................... Utah 2 .......................................... Wyoming .....................................

1,600 9,830 1,300 2,610 788 2,690 1,780 2,810 1,200

1,520 7,750 1,290 2,480 779 (D) 1,750 2,720 1,230

1,540 7,610 1,340 2,470 806 (D) 1,740 2,690 1,320

1,600 7,960 1,450 2,580 852 (D) 1,550 2,690 1,360

1,780 8,290 1,770 2,850 890 (D) 1,450 3,230 1,360

Pacific .............................................. California ..................................... Oregon ........................................ Washington ..................................

5,160 9,390 2,300 1,780

4,980 8,960 2,210 1,870

5,070 9,130 2,180 1,930

5,310 9,400 2,340 2,190

5,690 9,860 2,400 2,420

48 States 3 .......................................

2,640

2,700

2,980

3,350

3,810

(D) Withheld to avoid disclosing data for individual operations. 1 Includes: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. 2 Excludes American Indian Reservation Land. 3 Excludes Alaska and Hawaii.

Agricultural Land Values Final Estimates 2009-2013 (June 2014) USDA, National Agricultural Statistics Service

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Irrigated and Non-Irrigated Cropland Average Value per Acre – States: 2009-2013 [Only states with significant irrigated acreage appear in this table] Region, State, and Land type

2009

2010

2011

2012

2013

(dollars)

(dollars)

(dollars)

(dollars)

(dollars)

Corn Belt Missouri All ................................. Irrigated ................................. Non-Irrigated .........................

2,490 2,990 2,450

2,600 3,140 2,560

2,790 3,320 2,750

3,120 3,640 3,080

3,500 4,140 3,450

Northern Plains Kansas All ................................... Irrigated ................................. Non-Irrigated .........................

1,030 1,470 981

1,110 1,540 1,060

1,340 1,810 1,290

1,650 2,250 1,590

1,930 2,760 1,840

Nebraska All ............................... Irrigated ................................. Non-Irrigated .........................

2,150 2,660 1,820

2,430 3,050 2,030

3,130 4,080 2,510

4,190 5,610 3,270

4,860 6,700 3,730

South Dakota All ......................... Irrigated ................................. Non-Irrigated .........................

1,380 1,830 1,370

1,520 (D) 1,510

1,790 (D) 1,780

2,200 (D) 2,190

2,840 (D) 2,820

Southeast Florida All .................................... Irrigated ................................. Non-Irrigated .........................

6,610 7,200 6,070

6,550 7,100 6,040

6,580 7,090 6,110

6,420 7,180 5,720

6,450 7,280 5,660

Georgia All .................................. Irrigated ................................. Non-Irrigated .........................

3,980 3,440 4,130

3,390 3,090 3,480

3,360 3,140 3,420

3,130 2,980 3,170

3,080 3,120 3,070

Delta States Arkansas All ................................ Irrigated ................................. Non-Irrigated .........................

1,830 2,060 1,570

1,910 2,160 1,630

1,990 2,300 1,640

2,180 2,530 1,790

2,380 2,790 1,760

Louisiana All ............................... Irrigated ................................. Non-Irrigated .........................

1,740 1,500 1,800

1,800 1,700 1,830

1,970 1,850 2,000

2,120 2,000 2,150

2,260 2,150 2,300

Mississippi All .............................. Irrigated ................................. Non-Irrigated .........................

1,830 1,850 1,820

1,950 2,020 1,930

2,100 2,330 2,020

2,180 2,440 2,090

2,470 2,760 2,330

Southern Plains Oklahoma All ............................... Irrigated ................................. Non-Irrigated .........................

1,120 (D) 1,110

1,130 (D) 1,120

1,130 (D) 1,120

1,280 (D) 1,270

1,390 (D) 1,370

Texas All ..................................... Irrigated ................................. Non-Irrigated .........................

1,460 1,680 1,430

1,510 1,680 1,480

1,580 1,670 1,560

1,590 1,660 1,580

1,520 1,700 1,490

See footnote(s) at end of table.

8

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Agricultural Land Values Final Estimates 2009-2013 (June 2014) USDA, National Agricultural Statistics Service

Irrigated and Non-Irrigated Cropland Average Value per Acre – States: 2009-2013 (continued) [Only states with significant irrigated acreage appear in this table] Region, State, and Land type

2009

2010

2011

2012

2013

(dollars)

(dollars)

(dollars)

(dollars)

(dollars)

Mountain Arizona All 1 ................................. Irrigated .................................

9,830 9,830

7,750 7,750

7,610 7,610

7,960 7,960

8,290 8,290

Colorado All ................................. Irrigated ................................. Non-Irrigated ..........................

1,300 3,150 840

1,290 3,100 840

1,340 3,160 880

1,450 3,400 960

1,770 4,100 1,200

Idaho All ...................................... Irrigated ................................. Non-Irrigated ..........................

2,610 4,000 1,300

2,480 3,820 1,230

2,470 3,820 1,210

2,580 4,040 1,210

2,850 4,240 1,310

Montana All .................................. Irrigated ................................. Non-Irrigated ..........................

788 2,800 600

779 2,690 600

806 2,690 630

852 2,690 680

890 2,780 710

Nevada All 1 ................................. Irrigated .................................

2,690 2,690

(D) (D)

(D) (D)

(D) (D)

(D) (D)

New Mexico All 1 .......................... Irrigated ................................. Non-Irrigated ..........................

1,780 5,390 390

1,750 5,290 390

1,740 5,190 410

1,550 4,450 430

1,450 3,910 400

Utah All 1 ...................................... Irrigated ................................. Non-Irrigated ..........................

2,810 5,200 1,080

2,720 5,050 1,040

2,690 5,000 1,030

2,690 5,000 1,030

3,230 5,200 1,100

Wyoming All ................................. Irrigated ................................. Non-Irrigated ..........................

1,200 1,930 710

1,230 2,010 720

1,320 2,140 (D)

1,360 2,170 (D)

1,360 2,140 (D)

Pacific California All ................................ Irrigated ................................. Non-Irrigated ..........................

9,390 11,500 3,360

8,960 10,900 3,420

9,130 11,100 3,480

9,400 11,500 3,390

9,860 11,800 3,400

Oregon All ................................... Irrigated ................................. Non-Irrigated ..........................

2,300 3,620 1,820

2,210 3,520 1,730

2,180 3,470 1,710

2,340 3,920 1,770

2,400 3,940 1,830

Washington All ............................. Irrigated ................................. Non-Irrigated ..........................

1,780 4,180 1,140

1,870 4,650 1,140

1,930 5,130 1,080

2,190 6,190 1,130

2,420 7,240 1,170

(D) Withheld to avoid disclosing data for individual operations. 1 Excludes American Indian Reservation Land.

Agricultural Land Values Final Estimates 2009-2013 (June 2014) USDA, National Agricultural Statistics Service

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Pasture Average Value per Acre – Regions and States: 2009-2013 Region and State

2009

2010

2011

2012

2013

(dollars)

(dollars)

(dollars)

(dollars)

(dollars)

Northeast ........................................ New Jersey ................................. New York .................................... Pennsylvania ............................... Other States 1 .............................

3,270 14,900 1,050 2,610 6,060

3,170 14,200 1,100 2,530 5,800

3,220 14,000 1,200 2,640 5,730

3,240 13,600 1,250 2,650 5,760

3,370 13,500 1,240 2,770 5,840

Lake States ..................................... Michigan ..................................... Minnesota ................................... Wisconsin ...................................

1,760 2,500 1,370 2,020

1,710 2,290 1,340 2,000

1,710 2,340 1,320 2,000

1,740 2,290 1,390 2,010

1,870 2,420 1,580 2,000

Corn Belt ......................................... Illinois .......................................... Indiana ........................................ Iowa ............................................ Missouri ...................................... Ohio ............................................

1,910 2,360 2,390 1,850 1,670 2,990

1,900 2,500 2,340 2,030 1,600 2,890

2,000 2,650 2,390 2,520 1,610 2,840

2,130 2,870 2,450 2,800 1,700 2,970

2,290 3,370 2,500 3,220 1,790 3,010

Northern Plains ............................... Kansas ........................................ Nebraska .................................... North Dakota ............................... South Dakota ..............................

488 735 443 344 425

502 761 459 357 429

531 773 503 389 453

648 938 617 458 561

754 1,150 643 578 667

Appalachian .................................... Kentucky ..................................... North Carolina ............................. Tennessee .................................. Virginia ........................................ West Virginia ...............................

3,360 2,380 4,560 3,610 4,750 1,870

3,240 2,360 4,410 3,510 4,400 1,840

3,170 2,290 4,590 3,460 4,060 2,010

3,110 2,330 4,330 3,410 3,920 1,980

3,210 2,560 4,530 3,380 3,930 1,990

Southeast ....................................... Alabama ...................................... Florida ......................................... Georgia ....................................... South Carolina ............................

4,350 1,780 5,450 5,900 2,930

4,190 1,810 5,360 5,220 2,950

3,900 1,830 4,910 4,750 2,980

3,700 1,850 4,820 3,910 2,960

3,770 2,000 4,850 3,850 2,820

Delta States .................................... Arkansas ..................................... Louisiana .................................... Mississippi ..................................

2,110 2,150 2,100 2,070

2,110 2,210 2,100 1,980

2,120 2,160 2,200 2,000

2,130 2,110 2,300 2,030

2,190 2,160 2,400 2,070

Southern Plains ............................... Oklahoma ................................... Texas ..........................................

1,280 993 1,340

1,300 987 1,370

1,350 985 1,430

1,390 1,060 1,460

1,410 1,210 1,450

Mountain ......................................... Arizona 2 ..................................... Colorado ..................................... Idaho ........................................... Montana ...................................... Nevada 2 ..................................... New Mexico 2 .............................. Utah 2 .......................................... Wyoming .....................................

519 890 670 1,280 530 619 280 870 420

518 920 650 1,260 530 (D) 280 920 420

523 (D) 640 1,230 530 (D) 290 920 450

550 (D) 640 1,220 570 (D) 330 920 480

594 (D) 680 1,220 580 (D) 320 950 470

Pacific ............................................. California ..................................... Oregon ........................................ Washington .................................

1,720 2,870 690 820

1,660 2,790 650 810

1,620 2,710 640 810

1,590 2,680 600 800

1,590 2,650 620 800

48 States 3 ......................................

1,060

1,060

1,070

1,110

1,170

(D) Withheld to avoid disclosing data for individual operations. 1 Includes: Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, Rhode Island, and Vermont. 2 Excludes American Indian Reservation Land. 3 Excludes Alaska and Hawaii.

10

Agricultural Land Values Final Estimates 2009-2013 (June 2014) USDA, National Agricultural Statistics Service

Farm Real Estate Value of Farmland and Buildings – Regions and States: 2009-2013 [Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms] Region and State

Total value of land and buildings 2009

2010

2011

2012

2013

(million dollars)

(million dollars)

(million dollars)

(million dollars)

(million dollars)

Northeast Connecticut .................................. Delaware ..................................... Maine ........................................... Maryland ...................................... Massachusetts ............................. New Hampshire ........................... New Jersey .................................. New York ..................................... Pennsylvania ............................... Rhode Island ............................... Vermont .......................................

5,040 4,366 2,982 15,203 6,240 2,242 9,936 17,040 39,424 1,106 3,542

4,715 4,065 2,870 14,309 5,936 2,204 9,301 17,040 38,633 1,022 3,596

4,872 4,151 2,912 14,015 5,777 2,098 9,216 17,395 38,380 1,008 3,695

4,928 4,157 3,002 13,723 5,408 2,087 8,856 19,027 40,810 966 3,825

4,884 4,085 3,150 14,207 5,408 2,026 9,216 18,720 41,811 966 4,000

Lake States Michigan ...................................... Minnesota .................................... Wisconsin ....................................

36,590 74,465 55,130

34,830 75,481 53,655

36,000 82,476 56,648

38,706 97,240 60,006

42,785 111,370 59,860

Corn Belt Illinois .......................................... Indiana ......................................... Iowa ............................................. Missouri ....................................... Ohio .............................................

119,705 58,568 116,046 62,208 52,807

126,968 61,674 133,110 65,149 53,284

145,530 74,529 165,546 68,970 57,408

167,049 85,848 199,818 76,693 64,960

190,990 94,080 235,620 80,940 71,400

Northern Plains Kansas ........................................ Nebraska ..................................... North Dakota ............................... South Dakota ...............................

46,662 60,060 30,373 38,237

48,972 66,738 32,430 41,013

57,164 83,536 36,735 47,197

69,611 109,626 45,588 57,589

80,675 126,840 60,915 73,177

Appalachian Kentucky ...................................... North Carolina ............................. Tennessee ................................... Virginia ........................................ West Virginia ...............................

37,800 35,785 35,534 38,475 8,732

37,252 34,608 37,368 36,900 8,388

36,300 36,022 37,908 35,670 9,288

36,920 36,415 38,368 35,358 9,169

39,260 36,456 38,913 35,773 9,180

See footnote(s) at end of table.

Agricultural Land Values Final Estimates 2009-2013 (June 2014) USDA, National Agricultural Statistics Service

--continued

11

Farm Real Estate Value of Farmland and Buildings – Regions and States: 2009-2013 (continued) [Total value of land and buildings is derived by multiplying average value per acre of farm real estate by the land in farms] Region and State

Total value of land and buildings 2009

2010

2011

2012

2013

(million dollars)

(million dollars)

(million dollars)

(million dollars)

(million dollars)

Southeast ....................................... Alabama ...................................... Florida ......................................... Georgia ....................................... South Carolina ............................

20,025 49,555 39,494 14,357

20,470 47,846 36,569 14,750

20,826 48,479 35,017 14,900

21,271 49,278 31,296 14,960

22,500 49,660 31,350 14,811

Delta States .................................... Arkansas ..................................... Louisiana .................................... Mississippi ..................................

32,058 15,662 21,816

32,880 16,298 22,672

33,428 17,270 23,980

36,156 18,960 24,525

37,260 20,018 24,743

Southern Plains ............................... Oklahoma ................................... Texas ..........................................

40,135 201,807

41,640 210,560

43,344 219,605

47,128 220,038

49,880 218,568

Mountain ......................................... Arizona 1 ..................................... Colorado ..................................... Idaho ........................................... Montana ...................................... Nevada 1 ..................................... New Mexico 1 .............................. Utah 1 .......................................... Wyoming .....................................

15,846 34,430 25,300 42,350 4,882 18,861 12,773 15,900

13,298 34,020 24,265 42,420 4,877 18,597 12,840 16,200

13,796 34,760 23,896 43,097 4,838 18,814 12,773 16,800

17,960 37,323 25,252 45,448 5,071 20,641 12,773 17,936

18,506 40,576 26,196 47,163 5,113 19,929 13,439 18,120

Pacific ............................................. California ..................................... Oregon ........................................ Washington .................................

167,790 28,851 29,054

169,830 29,646 29,638

170,752 30,780 30,076

176,128 31,948 33,222

175,950 32,505 34,040

48 States 2 ......................................

1,845,244

1,890,827

2,027,677

2,223,067

2,397,034

1 2

Value of all land and buildings adjusted to include American Indian Reservation land value. Excludes Alaska and Hawaii.

12

Agricultural Land Values Final Estimates 2009-2013 (June 2014) USDA, National Agricultural Statistics Service

Economic Regions: Northeast:

Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont.

Lake States:

Michigan, Minnesota, Wisconsin.

Corn Belt:

Illinois, Indiana, Iowa, Missouri, Ohio.

Northern Plains:

Kansas, Nebraska, North Dakota, South Dakota.

Appalachian:

Kentucky, North Carolina, Tennessee, Virginia, West Virginia.

Southeast:

Alabama, Florida, Georgia, South Carolina.

Delta States:

Arkansas, Louisiana, Mississippi.

Southern Plains:

Oklahoma, Texas.

Mountain:

Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, Wyoming.

Pacific:

California, Oregon, Washington.

Agricultural Land Values Final Estimates 2009-2013 (June 2014) USDA, National Agricultural Statistics Service

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Statistical Methodology Survey Procedures: The estimates of land values in this report are based primarily on the June Area Survey, conducted during the first two weeks of June. This annual survey uses a complete, probability-based land-area sampling frame. A sample of approximately 11,000 segments of land is selected, each approximately one square mile in size. Enumerators collecting data for the June Area Survey contact all agricultural producers operating land within the boundaries of the sampled land segments and record land value information for cropland and pasture within these segments. They also collect an estimated value of all land and buildings for the operator’s entire farming operation and the estimated percent change from the previous year. Survey reported data are reviewed for reasonableness and consistency by comparing with other data reported in the survey and with data reported within the segment the previous year. Estimating Procedures: Once the data are summarized, each Regional Field Office (RFO) conducts an analysis of the summarized indications and any other available information for their States. RFOs then set estimates for land values and submit these recommendations along with their assessment of survey and other administrative information to the Agricultural Statistics Board (ASB). Survey data are also summarized for Regional and National levels and reviewed independently of each State’s review. National targets are established by the ASB. After RFO recommendations are submitted, the ASB reviews the RFO estimates and supporting comments and any conflicts with targeted National levels are resolved. The Regional and US estimates are weighted by the amount of cropland and pasture in each state, based on the most recent Census of Agriculture. For the purposes of this report, cropland pastured is defined as cropland. Published Estimates: State averages are not published for States with limited reports to ensure confidentiality of individual operations. Revision Policy: For non-census years land values are subject to an annual revision the following year. After the 5-year Census of Agriculture is completed, land value estimates for the non-census years are subject to a final historic revision. The basis for revision must be supported by additional data that directly affect the level of the estimate. The 2009-2013 estimates shown here are considered final and will not be revised again.

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Agricultural Land Values Final Estimates 2009-2013 (June 2014) USDA, National Agricultural Statistics Service

Terms and Definitions Farm: Any establishment from which $1,000 or more of agricultural products were sold or would normally be sold during the year. Government payments are included in sales. Farm real estate value: The value at which all land and buildings used for agriculture production including dwellings, could be sold under current market conditions, if allowed to remain on the market for a reasonable amount of time. Cropland value: The value of land used to grow field crops, vegetables or land harvested for hay. Land that switches back and forth between cropland and pasture should be valued as cropland. Hay land, idle cropland and cropland enrolled in government conservation programs should be valued as cropland. Irrigated cropland value: The value of land that normally receives or has the potential to receive water by artificial means to supplement natural rainfall. Irrigated cropland may consist of both land that will or will not be irrigated during the current year, but still has the facilities and equipment to do so. Irrigation facilities and equipment such as wells, pumps, canals, ditches, reservoirs, lakes, tanks, ponds, rivers, streams or creeks are usually present or on nearby acres. Non-irrigated cropland value: The value of land that only receives water by natural rainfall. Pasture, grazing and grassland value: The value of land that is normally grazed by livestock. Pasture does not need to have livestock grazing on it at the time of interview or during the current year in order to be valued as pasture or grazing land.

Agricultural Land Values Final Estimates 2009-2013 (June 2014) USDA, National Agricultural Statistics Service

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Statistical Bulletin Publication Schedule Statistical Bulletins (SB): The National Agricultural Statistics Service will issue a series of nineteen bulletins containing final estimates for agricultural data series based on the review of the 2012 Census of Agriculture and other information. The product number, bulletin title, and tentative release dates are as follows.

SB1030 SB1031 SB1032 SB1033 SB1034 SB1035 SB1036 SB1037 SB1038 SB1039 SB1040 SB1041 SB1042 SB1043 SB1044 SB1045 SB1046 SB1047 SB1048

Farms and Land in Farms – Final Estimates 2008-2012 Agricultural Land Values – Final Estimates 2009-2013 Citrus Fruits – Final Estimates 2008-2012 Vegetables – Final Estimates 2008-2012 Cattle – Final Estimates 2009-2013 Hogs and Pigs – Final Estimates 2008-2012 Milk Cows and Production – Final Estimates 2008-2012 Sheep and Goats – Final Estimates 2009-2013 Chickens and Eggs – Final Estimates 2008-2012 Honey – Final Estimates 2008-2012 Meat Animals, PDI – Final Estimates 2008-2012 Milk Disposition and Income – Final Estimates 2008-2012 Poultry Production and Value – Final Estimates 2008-2012 Noncitrus Fruits and Nuts – Final Estimates 2008-2012 Field Crops – Final Estimates 2008-2012 Rice Stocks – Final Estimates 2008-2013 Stocks of Grains, Oilseeds, and Hay – Final Estimates 2008-2013 Potatoes and Sweet Potatoes – Final Estimates 2008-2012 Crop Values – Final Estimates 2008-2012

05/28/14 06/19/14 08/26/14 08/26/14 09/04/14 09/04/14 09/04/14 09/04/14 09/04/14 09/04/14 10/29/14 10/29/14 10/29/14 10/30/14 11/03/14 11/03/14 11/03/14 11/03/14 11/03/14

Agricultural Census Publications: The U. S. Department of Agriculture's National Agricultural Statistics Service (NASS) released several products from the 2012 Census of Agriculture on May 2, 2014. The Census is the leading source of statistics about the Nation’s agricultural production and the only source of consistent, comparable data at the county, State, and national levels. The Census includes all places from which $1,000 or more of agricultural products, including government payments, were produced and sold, or normally would have been sold, during the census year. Census publications also include demographic items such as sex of operator, residence on or off the farm, days worked off farm, years present on farm, age group categories, race, and number of persons living in each household.

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Agricultural Land Values Final Estimates 2009-2013 (June 2014) USDA, National Agricultural Statistics Service

Information Contacts Listed below are the commodity statisticians in the Environmental, Economics, and Demographics Branch of the National Agricultural Statistics Service to contact for additional information. E-mail inquiries may be sent to [email protected]. Troy Joshua, Chief, Environmental, Economics, and Demographics Branch ................................................. (202) 720-6146 Tony Dorn, Head, Economics Section ............................................................................................................. (202) 690-3223 Rachel Antzak – Cash Receipts, Land Values .......................................................................................... (202) 720-5446 Daryl Brinkman – Prices Received, Prices Received Indexes .................................................................. (202) 720-8844 Tynesha Boomer – Agricultural Resource Management Survey (ARMS) ............................................... (202) 690-1052 Kuan Chen – Prices, Prices Research ........................................................................................................ (202) 690-3347 Chris Dickerson – Prices Received, Prices Received Indexes .................................................................. (202) 690-1348 Mark Gorsak – Prices, Prices Research .................................................................................................... (202) 720-2250 Judy McDermott – Prices Paid, Prices Paid Indexes ................................................................................. (202) 690-3225 Michael Mathison – Agriculture Resource Management Survey (ARMS)............................................... (202) 720-3243 Joe Hagedorn – Cash Rents, Grazing Fees ................................................................................................ (202) 690-3231 Scott Shimmin, Head, Environmental and Demographics Section.................................................................. (202) 690-0684 Liana Cuffman – Chemical Use, American Indians, Census .................................................................... (202) 690-0392 David Colwell – Census of Agricultural Industrial Reports...................................................................... (202) 690-3233 Doug Farmer – Census .............................................................................................................................. (202) 720-7492 Steve Peterson – Farms, Land in Farms, Census ....................................................................................... (202) 720-5581 Jackie Ross – Census ................................................................................................................................. (202) 720-7644 Theresa Varner – Farm Labor, Chemical Use ........................................................................................... (202) 690-2284

Agricultural Land Values Final Estimates 2009-2013 (June 2014) USDA, National Agricultural Statistics Service

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Access to NASS Reports For your convenience, you may access NASS reports and products the following ways:  All reports are available electronically, at no cost, on the NASS web site: http://www.nass.usda.gov  Both national and state specific reports are available via a free e-mail subscription. To set-up this free subscription, visit http://www.nass.usda.gov and in the “Follow NASS” box under “Receive reports by Email,” click on “National” or “State” to select the reports you would like to receive. For more information on NASS surveys and reports, call the NASS Agricultural Statistics Hotline at (800) 727-9540, 7:30 a.m. to 4:00 p.m. ET, or e-mail: [email protected].

The U.S. Department of Agriculture (USDA) prohibits discrimination against its customers, employees, and applicants for employment on the bases of race, color, national origin, age, disability, sex, gender identity, religion, reprisal, and where applicable, political beliefs, marital status, familial or parental status, sexual orientation, or all or part of an individual's income is derived from any public assistance program, or protected genetic information in employment or in any program or activity conducted or funded by the Department. (Not all prohibited bases will apply to all programs and/or employment activities.) If you wish to file a Civil Rights program complaint of discrimination, complete the USDA Program Discrimination Complaint Form (PDF), found online at http://www.ascr.usda.gov/complaint_filing_cust.html, or at any USDA office, or call (866) 632-9992 to request the form. You may also write a letter containing all of the information requested in the form. Send your completed complaint form or letter to us by mail at U.S. Department of Agriculture, Director, Office of Adjudication, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410, by fax (202) 690-7442 or email at [email protected].