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Explore Colorado agriculture and learn what makes it unique.
Did you know that 31.8 million acres, nearly half of the land in Colorado, is used as farmland? For many, outdoor activities and beautiful mountain ranges are the only things that come to mind, but Colorado has rich and fertile soils and miles of pasture producing crops and animal products in abundance. Colorado ranks in the top 10 in U.S. exports for two major commodity categories, Wheat and Beef/Veal. In 2018, cattle and dairy products made up nearly 60% of the state’s agricultural production.
$69/acre
4.3%
3.8%
$84
Current Rental Rate Per Acre
Cash Rent per Acre
Source: USDA
3.8%
Average Annual Cap Rate
Implied Annual Capitalization Rate
Source: USDA
| Year | Per Acre | Change |
|---|---|---|
| 2023 | $84 | 1.2% |
| 2022 | $83 | 8.5% |
| 2021 | $77 | 9.3% |
| 2020 | $70 | -11.9% |
| 2019 | $80 | 6.7% |
| 2018 | $75 | 1.4% |
| 2016 | $74 | -1.3% |
| 2014 | $75 | 3.5% |
| 2012 | $72 | 10.8% |
| 2011 | $65 | 4.0% |
| 2009 | $63 | 52.4% |
| 2008 | $41 | 9.3% |
| 2007 | $38 | -38.5% |
| 2005 | $61 | 5.2% |
| 2004 | $58 | -3.3% |
| 2003 | $60 | -7.7% |
| 2001 | $65 | 18.2% |
| 2000 | $55 | -5.2% |
| 1999 | $58 | 3.0% |
