undefined Agriculture Overview

Explore undefined agriculture and learn what makes it unique.


kansas20 yearsall

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 Rental Rates



kansas Farmland Rental Rates

Over the last 20 years, farmland rental rates per acre in the kansas have risen from an average of $36 per acre in 1999 to $64 per acre in 2019. This represents an increase of $28 over this time period with an average implied capitalization rate of 4.3%.


Current Rental Rate Per Acre

Cash Rent per Acre

Source: USDA

Created with Highcharts 7.2.01998199920002001200220032004200520062007200820092010201120122013201420152016201720182019$ 0$ 15$ 30$ 45$ 60$ 75Highcharts.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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