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Explore Alabama agriculture and learn what makes it unique.
Alabama grows a diverse mix of crops and is one of the largest producers of Poultry and Livestock in the nation. Once known as "The Cotton State", Alabama still ranks number 8 in the nation for the export of cotton, however, today Poultry, Cattle, Grains, and Nursery crops are ahead of cotton in sales rankings. Agriculture is one of the top industries in Alabama, as more than 1 in 5 jobs in the state are Ag related. As of 2017, there were 40,592 farms spread across 8.5 million acres of farmland in Alabama with an average farm size of 211 acres.
$59/acre
4.4%
1.9%
$70
Current Rental Rate Per Acre
Cash Rent per Acre
Source: USDA
1.9%
Average Annual Cap Rate
Implied Annual Capitalization Rate
Source: USDA
| Year | Per Acre | Change |
|---|---|---|
| 2023 | $70 | 1.4% |
| 2022 | $69 | 3.8% |
| 2021 | $67 | -2.2% |
| 2020 | $68 | 7.1% |
| 2019 | $64 | 3.3% |
| 2018 | $62 | 6.0% |
| 2017 | $58 | 1.8% |
| 2016 | $57 | -5.8% |
| 2015 | $61 | 11.0% |
| 2013 | $55 | 4.8% |
| 2012 | $52 | 2.0% |
| 2011 | $51 | 6.3% |
| 2009 | $48 | 11.6% |
| 2007 | $43 | 10.3% |
| 2006 | $39 | -2.5% |
| 2005 | $40 | 21.2% |
| 2004 | $33 | -5.7% |
| 2003 | $35 | -2.8% |
| 2001 | $36 | 9.1% |
| 2000 | $33 | 6.5% |
| 1999 | $31 | -11.4% |
| 1997 | $35 | -10.3% |
| 1996 | $39 | 7.7% |
| 1995 | $36 | 14.6% |
