undefined Agriculture Overview

Explore undefined agriculture and learn what makes it unique.


idaho20 yearsall

Idaho is famous for Potato production but produces a wide variety of crops and animals across its diverse landscape. Idaho produced and sold over $7.5 billion in agricultural products in 2017, making it one of the top industries in the state. While Idaho accounts for over 24% of Potatoes sold in the U.S., this only makes up 12% of the state’s total commodity sales. Idaho is also a major producer of Cattle as well as specialty products such as food-sized trout, cheese, and alfalfa hay for which they rank top 5 in the nation.

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Farmland Rental Rates



idaho Farmland Rental Rates

Over the last 20 years, farmland rental rates per acre in the idaho have risen from an average of $98 per acre in 1999 to $159 per acre in 2019. This represents an increase of $61 over this time period with an average implied capitalization rate of 5%.


Current Rental Rate Per Acre

Cash Rent per Acre

Source: USDA

Created with Highcharts 7.2.01998199920002001200220032004200520062007200820092010201120122013201420152016201720182019$ 0$ 40$ 80$ 120$ 160$ 200Highcharts.com


Average Annual Cap Rate

Implied Annual Capitalization Rate

Source: USDA

Created with Highcharts 7.2.019981999200020012002200320042005200620072008200920102011201220132014201520162017201820190 %1.5 %3 %4.5 %6 %7.5 %Highcharts.com

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