Explore Missouri agriculture and learn what makes it unique.
Agricultural land is plentiful in Missouri, especially throughout the Boot-heel region which provides fertile soils and plentiful water sources suitable for the production of many Ag products. Missouri is one of the top producers in the US of a wide variety of commodities such as Beef Cows, Rice, Turkeys, Goats, Cotton, and Corn as well as several others. They also produce some of the highest quality Timber in the nation, which contributes more than $9.7 billion to the economy from exports. As of 2017, there were a total of 95,320 farms in Missouri spread across 27.7 million acres of farmland, more than 63% of the total land area.
$124/acre
4.7%
3.6%
$149
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 | $149 | 1.4% |
| 2022 | $147 | 7.3% |
| 2021 | $137 | 5.4% |
| 2019 | $130 | -1.5% |
| 2018 | $132 | 3.1% |
| 2017 | $128 | -0.8% |
| 2016 | $129 | -2.3% |
| 2014 | $132 | 9.1% |
| 2013 | $121 | 10.0% |
| 2012 | $110 | 3.8% |
| 2011 | $106 | 7.6% |
| 2010 | $99 | 4.2% |
| 2009 | $95 | 13.9% |