Explore undefined agriculture and learn what makes it unique.
Did you know that 31.8 million acres, nearly half of the land in Colorado, is used as farmland? For many, outdoor activities and beautiful mountain ranges are the only things that come to mind, but Colorado has rich and fertile soils and miles of pasture producing crops and animal products in abundance. Colorado ranks in the top 10 in U.S. exports for two major commodity categories, Wheat and Beef/Veal. In 2018, cattle and dairy products made up nearly 60% of the state’s agricultural production.
Over the last 20 years, farmland rental rates per acre in the colorado have risen from an average of $55 per acre in 1999 to $80 per acre in 2019. This represents an increase of $24 over this time period with an average implied capitalization rate of 4.7%.
Current Rental Rate Per Acre
Cash Rent per Acre
Average Annual Cap Rate
Implied Annual Capitalization Rate