E-mail: nass-ny@nass.usda.gov
(518) 457-5570

FOR IMMEDIATE RELEASE:

Contact:  Joe Morse
Friday, August 5, 2011

www.nass.usda.gov/ny

 
           2011 NEW YORK STATE LEVEL LAND VALUES AND CASH RENTS 

The Land Values Survey and Cash Rents Survey were conducted March through June 
of 2011. State level estimates were made for Land Values and Cash Rents while 
county level estimates for Cash Rents will be available in September 2011.  

The United States farm real estate value, a measurement of the value of all land 
and buildings on farms, averaged $2,350 per acre for 2011, up 6.8 percent from 2010.  
New York farm real estate value average per acre of $2,450 was up 2.1 percent from 
last year.  The New York cropland average value per acre was unchanged at $2,400 
in 2011. New York pasture average value per acre was $1,200, up 9.1 percent from 
last year.  

Nationally, cash rents per acre paid to landlords for cropland in 2011 rose $9.00 
per acre, while pasture rents increased 50 cents per acre.  New York cropland cash 
rent per acre increased 5 percent from $43.50 in 2010 to $45.50 in 2011.  Pasture 
cash rent, at $22.00 per acre, was unchanged from 2010. Cash Rents county estimates 
will be released in early September 2011. 

For more information about the Cash Rent Survey and the Land Value Survey, call the 
NASS New York Field Office at 1-800-821-1276 or visit the NASS website at 
www.nass.usda.gov. 

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08-05-11 


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