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Explore Louisiana agriculture and learn what makes it unique.
As one of the top 5 industries in Louisiana, Agriculture is a vital part of the state’s economy, generating more than $3.2 billion in revenue as of the latest USDA Ag Census. Louisiana farmland has benefitted from its position on the border of the Mississippi River, which has left nutrient-rich alluvial deposits over time, ideal for growing crops. There are 27,386 farms spread across a total of nearly 8 million acres of farmland in Louisiana, over 28% of all land area in the state. In terms of sales, Soybeans, Rice, Cotton, Plant Products, and Livestock products were the top commodities grown and sold in the state.
$83/acre
2.4%
3.6%
$102
Current Rental Rate Per Acre
Cash Rent per Acre
Source: USDA
3.6%
Average Annual Cap Rate
Implied Annual Capitalization Rate
Source: USDA
| Year | Per Acre | Change |
|---|---|---|
| 2023 | $102 | 5.7% |
| 2020 | $97 | 2.1% |
| 2019 | $95 | 6.2% |
| 2018 | $89 | 1.1% |
| 2017 | $88 | 4.1% |
| 2016 | $85 | -6.6% |
| 2015 | $91 | 7.1% |
| 2014 | $85 | 5.6% |
| 2013 | $80 | 4.6% |
| 2012 | $77 | 3.4% |
| 2011 | $74 | -0.7% |
| 2010 | $75 | 1.4% |
| 2009 | $74 | 0.7% |
| 2008 | $73 | 5.8% |
| 2007 | $69 | -4.2% |
| 2006 | $72 | 9.1% |
| 2004 | $66 | 6.5% |
| 2001 | $62 | 12.3% |
| 2000 | $55 | -3.0% |
| 1999 | $57 | 3.5% |
