Agricultural Land Value and Cash Rent Highlights

Agricultural Land Value and Cash Rent Highlights  Morning Ag Clips -

Agricultural Land Value and Cash Rent Highlights

Agricultural Land Value and Cash Rent Highlights

cash rents …

Cash rent paid to landlords for all cropland in U.S. increased $7.00 to $155.00 per acre in 2023

The United States farm real estate value

A measurement of the value of all land and buildings on farms, averaged $4,080 per acre for 2023, up $280 per acre from 2022. Alabama farm real estate values increased $100 per acre and Florida values increased $300 per acre. Farm real estate values in Georgia increased $390 per acre and in South Carolina values increased $200 per acre.

Average Farm Real Estate Values

  • United States: $4,080 per acre (up $280 from 2022)
  • Alabama: $100 increase per acre
  • Florida: $300 increase per acre
  • Georgia: $390 increase per acre
  • South Carolina: $200 increase per acre

Cash Rent for Cropland

Cash rent paid to landlords for all cropland in the United States increased $7.00 to $155.00 per acre in 2023.

Cash Rent for Cropland by State

  • Alabama: $70.00 per acre (up $1.00 from last year)
  • Florida: $132.00 per acre (up $11.00 from last year)
  • Georgia: $149.00 per acre (up $14.00 from last year)
  • South Carolina: $56.00 per acre (up $0.50 from last year)

Click here for the complete report: LANDVALCR2023

– USDA, NASS

SDGs, Targets, and Indicators Analysis

1. Which SDGs are addressed or connected to the issues highlighted in the article?

  • SDG 1: No Poverty – The article discusses the increase in cash rent paid to landlords, which is relevant to addressing poverty and reducing inequalities.
  • SDG 2: Zero Hunger – Although not explicitly mentioned, the increase in farm real estate values and cash rent paid can impact food production and access to agricultural resources, which are key components of achieving zero hunger.
  • SDG 10: Reduced Inequalities – The increase in farm real estate values and cash rent paid can contribute to inequalities in the agricultural sector, particularly for small-scale farmers.

2. What specific targets under those SDGs can be identified based on the article’s content?

  • SDG 1.4: By 2030, ensure that all men and women, in particular the poor and the vulnerable, have equal rights to economic resources, as well as access to basic services, ownership, and control over land and other forms of property.
  • SDG 2.3: By 2030, double the agricultural productivity and incomes of small-scale food producers, in particular women, indigenous peoples, family farmers, pastoralists, and fishers.
  • SDG 10.2: By 2030, empower and promote the social, economic, and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

  • Indicator 1.4.2: Proportion of total adult population with secure tenure rights to land, with legally recognized documentation and who perceive their rights to land as secure, by sex and by type of tenure.
  • Indicator 2.3.1: Volume of production per labor unit by classes of farming/pastoral/forestry enterprise size.
  • Indicator 10.2.1: Proportion of people living below 50 percent of median income, by age, sex, and persons with disabilities.

SDGs, Targets, and Indicators Table

SDGs Targets Indicators
SDG 1: No Poverty Target 1.4: By 2030, ensure that all men and women, in particular the poor and the vulnerable, have equal rights to economic resources, as well as access to basic services, ownership, and control over land and other forms of property. Indicator 1.4.2: Proportion of total adult population with secure tenure rights to land, with legally recognized documentation and who perceive their rights to land as secure, by sex and by type of tenure.
SDG 2: Zero Hunger Target 2.3: By 2030, double the agricultural productivity and incomes of small-scale food producers, in particular women, indigenous peoples, family farmers, pastoralists, and fishers. Indicator 2.3.1: Volume of production per labor unit by classes of farming/pastoral/forestry enterprise size.
SDG 10: Reduced Inequalities Target 10.2: By 2030, empower and promote the social, economic, and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status. Indicator 10.2.1: Proportion of people living below 50 percent of median income, by age, sex, and persons with disabilities.

Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.

Source: morningagclips.com

 

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