undefined Agriculture Overview

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Ohio is one of a small number of states with more than 50% of its land area devoted to agricultural land. A combination of good growing conditions, soil fertility and soil diversity (Ohio has over 400 unique soil types) allow producers to grow a variety of crops and also make it a powerhouse for cash crops such as corn and soybeans. Other examples of crops commonly produced in Ohio include: Tomatoes, Bell Peppers, Pumpkins, Squash, and over 200 additional crops. The number of farms in Ohio grew from 75,462 to 77,805 from 2012 to 2017 with an average size of 179 acres.

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Farmland Prices

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ohio Farmland Prices

Over the last 20 years, the price of farmland per acre in the ohio has risen by an average of 5.4% per year to $6,400 per acre as of 2019. This represents an increase of $4,000 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.

$6,400

Current Price Per Acre

Value per Acre

Source: USDA

Created with Highcharts 7.2.019971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019$ 0$ 1500$ 3000$ 4500$ 6000$ 7500Highcharts.com

5.4%

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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Additional Documents

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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