Explore undefined agriculture and learn what makes it unique.
Agricultural land is plentiful in Missouri, especially throughout the Boot-heel region which provides fertile soils and plentiful water sources suitable for the production of many Ag products. Missouri is one of the top producers in the US of a wide variety of commodities such as Beef Cows, Rice, Turkeys, Goats, Cotton, and Corn as well as several others. They also produce some of the highest quality Timber in the nation, which contributes more than $9.7 billion to the economy from exports. As of 2017, there were a total of 95,320 farms in Missouri spread across 27.7 million acres of farmland, more than 63% of the total land area.
Over the last 20 years, farmland rental rates per acre in the missouri have risen from an average of $110 per acre in 2008 to $130 per acre in 2019. This represents an increase of $20 over this time period with an average implied capitalization rate of 3.6%.
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