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Kansas has been known as “The Wheat State”, producing over 15% of the nation’s Wheat. As of 2018, Kansas ranked 7th in the United States in the sale of commodities and has a long history of agriculture dating back long before the state’s founding. Kansas has a staggering 45.7 million acres classified as farmland making up over 87% of the land area, the third most for any state in the nation. Aside from Wheat, Kansas is also a top producer of Corn, Soybeans, Sorghum, Beef, and Veal.

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Farmland Prices

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kansas Farmland Prices

Over the last 20 years, the price of farmland per acre in the kansas has risen by an average of 6.7% per year to $2,160 per acre as of 2019. This represents an increase of $1,494 per acre of farmland over this time period.

The values shown here only represent farmland appreciation. To view total farmland returns, including cash rent and land appreciation, see the Farmland Returns section.

$2,160

Current Price Per Acre

Value per Acre

Source: USDA

Created with Highcharts 7.2.019971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019$ 0$ 500$ 1000$ 1500$ 2000$ 2500Highcharts.com

6.7%

Average Land Appreciation

Year Over Year Change (%)

Source: USDA

Created with Highcharts 7.2.019971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019-32 %-16 %0 %16 %32 %48 %Highcharts.com

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