ATHENS, Ga. — The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $3,160 per acre for 2020, no change from 2019. Alabama farm real estate values increased $50 per acre while Florida values decreased $50 per acre. Farm real estate values in Georgia increased by $30 per acre and South Carolina values increased by $100 per acre.
Cash rent paid to landlords for all cropland in the United States decreased $1 to $139 per acre in 2020. Cash rent for pasture
had no change, remaining at $13 per acre. In Alabama, cash rent for cropland averaged $68.00 per acre, an increase of $4.50
from last year. Cash rent for cropland in Florida increased $22 to $132 per acre. Georgia cash rent for cropland was
unchanged for 2020 at $126 per acre. In South Carolina, cash rent for cropland increased $0.50 to $47.50 per acre.
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