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From the invention of the cotton gin to the advanced production systems you see Georgia farmers using today, the state has been a long-time leader in production and innovation. Today, Georgia ranks number 1 nationally for the production of peanuts and is also a leading producer of chicken and cotton. As of 2017, there were 42,439 farms in Georgia spread out across a total of nearly 10 million acres of farmland.

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Farmland Rental Rates

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georgia Farmland Rental Rates

Over the last 20 years, farmland rental rates per acre in the georgia have risen from an average of $50 per acre in 1999 to $126 per acre in 2019. This represents an increase of $76 over this time period with an average implied capitalization rate of 2.7%.

$126

Current Rental Rate Per Acre

Cash Rent per Acre

Source: USDA

Created with Highcharts 7.2.01998199920002001200220032004200520062007200820092010201120122013201420152016201720182019$ 0$ 30$ 60$ 90$ 120$ 150Highcharts.com

2.7%

Average Annual Cap Rate

Implied Annual Capitalization Rate

Source: USDA

Created with Highcharts 7.2.019981999200020012002200320042005200620072008200920102011201220132014201520162017201820190 %1 %2 %3 %4 %5 %Highcharts.com

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