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Explore Kansas agriculture and learn what makes it unique.
Kansas has been known as “The Wheat State”, producing over 15% of the nation’s Wheat. As of 2018, Kansas ranked 7th in the United States in the sale of commodities and has a long history of agriculture dating back long before the state’s founding. Kansas has a staggering 45.7 million acres classified as farmland making up over 87% of the land area, the third most for any state in the nation. Aside from Wheat, Kansas is also a top producer of Corn, Soybeans, Sorghum, Beef, and Veal.
$60/acre
3.3%
3.4%
$73
Current Rental Rate Per Acre
Cash Rent per Acre
Source: USDA
3.4%
Average Annual Cap Rate
Implied Annual Capitalization Rate
Source: USDA
| Year | Per Acre | Change |
|---|---|---|
| 2023 | $73 | 4.3% |
| 2022 | $70 | 6.1% |
| 2021 | $66 | 0.8% |
| 2020 | $65 | 0.8% |
| 2019 | $65 | -3.0% |
| 2018 | $67 | 3.9% |
| 2016 | $64 | -2.3% |
| 2015 | $66 | 5.6% |
| 2014 | $62 | -0.8% |
| 2013 | $63 | 3.3% |
| 2012 | $61 | 19.8% |
| 2011 | $51 | 1.0% |
| 2010 | $50 | 4.2% |
| 2009 | $48 | 1.1% |
| 2008 | $48 | 5.6% |
| 2007 | $45 | 2.3% |
| 2006 | $44 | 4.8% |
| 2005 | $42 | 2.4% |
| 2004 | $41 | 5.1% |
| 2001 | $39 | 6.8% |
| 2000 | $37 | 1.4% |
| 1999 | $36 | -2.2% |
