undefined Agriculture Overview

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Ranking in the top three industries in Wyoming, agriculture has a major impact on the state's economy and Livestock is king. Wyoming has long-been known for their excellence in Cattle production and over 60% of the state's revenue from agriculture comes from their sale of Cattle and Calves. As you can imagine, Hay is also produced in abundance in Wyoming, which is commonly used as feed. In the river bottoms of Wyoming, you will find more fertile soils growing Corn, Sugar Beets, Dry Beans, and Barley as well. As a whole, 47% of Wyoming's total land area is used as farmland amounting to a total of 29 million acres.

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Farmland Prices

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wyoming Farmland Prices

Over the last 20 years, the price of farmland per acre in the wyoming has risen by an average of 3.7% per year to $1,520 per acre as of 2019. This represents an increase of $690 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.

$1,520

Current Price Per Acre

Value per Acre

Source: USDA

Created with Highcharts 7.2.019971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019$ 0$ 400$ 800$ 1200$ 1600$ 2000Highcharts.com

3.7%

Average Land Appreciation

Year Over Year Change (%)

Source: USDA

Created with Highcharts 7.2.019971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019-36 %-24 %-12 %0 %12 %24 %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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