Average cash rental rates per-acre reflect regional differences in productivity and carrying capacity of pasture and rangeland tracts, with fluctuations in the commodity markets and potential profits, affecting cash rental rates.
Average cash rental rates for pasture land varies from $21 per-acre in the Northwest region to $75 per-acre in the Southeast region (Figure 1). Typical cash rental rates for low- and high-productivity pasture and rangeland vary from $16.00 to $30.00 per-acre in the Southwest region, and from $48 to $99 per-acre in the East-central region.
At the county cluster level, cash rental rate averages for pasture vary from $61 (Charles-Mix, Douglas) to $85 (Brookings-Lake-McCook) per-acre across county clusters in the Southeast and East-central regions. Average cash rental rates vary from $40 (Campbell) to $72 (Codington, Deuel, Hamlin) per-acre across county clusters in the Northeast, North-Central, and Central regions.
Figure 1. 2017 Pasture and Crop Cash Rental Rates
For more information, view the South Dakota Agricultural Land Market Trends, 1991–2017 or contact an SDSU Extension expert:
- Jack Davis, Crops Business Management Field Specialist
- Heather Gessner, Livestock Business Management Field Specialist
- Shannon Sand, Livestock Business Management Field Specialist
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