Montana Crop & Livestock Reporter 2007 Aug 10

Cover Montana Crop & Livestock Reporter 2007 Aug 10
Montana Crop & Livestock Reporter 2007 Aug 10
Montana Crop And Livestock Reporting Service
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The Mountain region had the highest percentage increase for cropland, 20 percent above 2006. Cropland cash rents increased $7.00 per acre to $126.00 in the Corn Belt region and $4.50 per acre to $58.00 in the Northern Plains region. The Corn Belt and Northern Plains regions account for slightly more than one half of cash rented cropland acreage in the U.S.
The major corn and soybean producing States of Illinois, Indiana, and Iowa experienced increases of 6.8, 8.1, and 5.3, percent respectively,
... for cropland cash rents. Illinois, Indiana, and Iowa cropland cash rents averaged $141.00, $120.00, and $140.00 per acre, respectively.
Pasture rent in the Northern Plains, Southern Plains, and Mountain regions, which account for nearly 85 percent of the cash rented pasture acreage in the U.S., increased by $1.50, 60 cents, and $2.20 per acre, respectively. The Corn Belt region had the highest cash rent for pasture in the U.S.
Farm Real Estate Values Montana farm real estate values have steadily increased over the past eight years.


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