2022 Census of Agriculture shows concentration of cash rent payments in the United States

The USDA, National Agricultural Statistical Service (NASS) 2022 Census of Agriculture shows that producer expenditures on cash rents were heavily concentrated in the upper Midwest, the northern Great Plains, and California’s Central Valley. In total, producers spent $27.3 billion on cash rent expenses in 2022, or 6.4 percent of total production expenses. This represents a nearly 10-percent increase in cash rents from the 2017 Agricultural Census, after adjusting for inflation. Many farmers rent farmland from landowners for a cash payment. This cash rent reflects the economic returns to land from farming. Cash rent per acre of land is influenced by several factors, such as cash receipts, government payments, land quality, and financing constraints. For more information, see the NASS 2022 Census of Agriculture website. For more information on how farmland cash rental rates vary across regions, see the USDA, Economic Research Service (ERS) Land Use, Land Value & Tenure topic page. See also the NASS publication Tenure, Ownership, and Transition of Agricultural Lands and the ERS report Farmland Values, Land Ownership, and Returns to Farmland, 2000-2016.

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