undefined Agriculture Overview

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As one of the top 5 industries in Louisiana, Agriculture is a vital part of the state’s economy, generating more than $3.2 billion in revenue as of the latest USDA Ag Census. Louisiana farmland has benefitted from its position on the border of the Mississippi River, which has left nutrient-rich alluvial deposits over time, ideal for growing crops. There are 27,386 farms spread across a total of nearly 8 million acres of farmland in Louisiana, over 28% of all land area in the state. In terms of sales, Soybeans, Rice, Cotton, Plant Products, and Livestock products were the top commodities grown and sold in the state.

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Farmland Prices

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louisiana Farmland Prices

Over the last 20 years, the price of farmland per acre in the louisiana has risen by an average of 5.1% per year to $2,880 per acre as of 2019. This represents an increase of $1,750 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.

$2,880

Current Price Per Acre

Value per Acre

Source: USDA

Created with Highcharts 7.2.019971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019$ 0$ 800$ 1600$ 2400$ 3200$ 4000Highcharts.com

5.1%

Average Land Appreciation

Year Over Year Change (%)

Source: USDA

Created with Highcharts 7.2.019971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019-10 %-5 %0 %5 %10 %15 %Highcharts.com

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If you are interested in seeing a list of documents that are helpful for selling your farm, please download it here.

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