undefined Agriculture Overview

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oklahoma20 yearsall

As a whole, Oklahoma ranks 22nd in the US for the production and sale of commodities, making up nearly 2% of national commodity sales. A staggering 78% of Oklahoma's total land area is classified as farmland and there are 78,531 farms with an average size of 435 acres. Livestock and Poultry products are by far the top grossing commodity, making up 73% of total sales.

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Farmland Rental Rates



oklahoma Farmland Rental Rates

Over the last 20 years, farmland rental rates per acre in the oklahoma have risen from an average of $32 per acre in 2008 to $34 per acre in 2019. This represents an increase of $2 over this time period with an average implied capitalization rate of 2.4%.


Current Rental Rate Per Acre

Cash Rent per Acre

Source: USDA

Created with Highcharts 7.2.0200820092010201120122013201420152016201720182019$ 0$ 8$ 16$ 24$ 32$ 40Highcharts.com


Average Annual Cap Rate

Implied Annual Capitalization Rate

Source: USDA

Created with Highcharts 7.2.02008200920102011201220132014201520162017201820190 %0.6 %1.2 %1.8 %2.4 %3 %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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