Farmland Values: Up or Down? Farmers: More or Fewer? Damona Doye Regents Professor and Rainbolt Chair in Agricultural Finance Roger Sahs Assistant Extension Specialist

2014 Cropland Average Value by State ($ per acre) USDA/NASS data 7,880 6,470 4,350 13,000 4,000 4,870 5,180 7,700 5,840 2,530 8,750 5,650 3,810 2,260 2,570 7,050 3,430 4,200 3,550 2,050 4,460 3,400 2,850 6,500 2,460 3,080 2,380 8,320 2,540 1,680 1, ,040 1,840 1,370 3,260 1,450 2,560 2,500 10,140 3,210 N/A ,000 – 2,499 2,500 – 4,999 5,000 – 15,000

2014 Pastureland Average Value by State ($ per acre) USDA/NASS data N/A ,000 – 2,499 2,500 – 4,999 5,000 – 15,000 6,000

USDA/NASS data 2014 Non-Irrig. Cropland Average Cash Rent 8 to to to to plus 21 to 25 N/A 2014 Pasture Land Rental Rates 5 to 9 10 to to to plus 15 to 19 N/A

USDA/NASS

Oklahoma Non-Irrigated Cropland Value Trend USDA/NASS

Capitalized Values: Oklahoma Non-Irrigated Cropland USDA/NASS + 10 year t-note

USDA/NASS

Oklahoma Pastureland Value Trend USDA/NASS

Capitalized Values: Oklahoma Pastureland USDA/NASS + 10 year t-note

Resources and Contact Info OSU Agricultural Economics Department – Kansas City Federal Reserve Bank – Chicago Federal Reserve Bank – USDA NASS – _Rents/ _Rents/ USDA Census of Agriculture –