Explore undefined agriculture and learn what makes it unique.
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.
Over the last 20 years, ohio farmland has offered average returns of 8%. At this rate, $10,000 invested in farmland in 1999 would now be worth over $90,400.00. Farmland returns are made up of two values, land appreciation, and capitalization rates of the property. Total farmland returns have been positive every year since 1990.
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Cumulative Returns of Farmland
Standard Deviation of Returns
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