Explore undefined agriculture and learn what makes it unique.
South Carolina is a top producer of Poultry, Eggs, and Tobacco in the nation, but in addition produces a wide array of crops on its 4.7 million acres of farmland. The top commodities produced in the state are: Broilers (Chicken), Eggs, Turkeys, Greenhouse Crops, Cotton, Corn, Cattle, Peanuts, and Wheat. There has also been a growing presence of specialty products in the state such as honey, cane syrup, and pecans. As of 2017, there were a total of 24,791 farms in South Carolina with an average size of 191 acres. The majority of the state's land in farms is considered cropland, followed by Woodland, and Pastureland.
Over the last 20 years, farmland rental rates per acre in the south carolina have risen from an average of $24 per acre in 1999 to $47 per acre in 2019. This represents an increase of $23 over this time period with an average implied capitalization rate of 1.6%.
Current Rental Rate Per Acre
Cash Rent per Acre
Average Annual Cap Rate
Implied Annual Capitalization Rate