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Explore Ohio agriculture and learn what makes it unique.
Ohio is one of a small number of states with more than 50% of its land area devoted to agricultural land. A combination of good growing conditions, soil fertility and soil diversity (Ohio has over 400 unique soil types) allow producers to grow a variety of crops and also make it a powerhouse for cash crops such as corn and soybeans. Other examples of crops commonly produced in Ohio include: Tomatoes, Bell Peppers, Pumpkins, Squash, and over 200 additional crops. The number of farms in Ohio grew from 75,462 to 77,805 from 2012 to 2017 with an average size of 179 acres.
8.3%
4.4%
375.2%
8.31%
Average Annual Returns
Cumulative Returns of Farmland
Source: NCREIF
Past performance does not guarantee future results and there is no guarantee this trend will continue. For illustrative purposes only and is not intended to represent the result of an actual investment. All investments involve risk, including the loss of principal. Click here for AcreTrader General Disclosures.
4.4%
Standard Deviation of Returns
Year Over Year Change (%)
Source: NCREIF
| Year | Total Return | Cumulative |
|---|---|---|
| 2003 | 7.4% | -99.9% |
| 2004 | 8.9% | 8.9% |
| 2005 | 11.8% | 21.8% |
| 2006 | 11.3% | 35.5% |
| 2007 | 12.5% | 52.4% |
| 2008 | 10.8% | 68.8% |
| 2009 | -4.8% | 60.7% |
| 2010 | 4.4% | 67.8% |
| 2011 | 9.3% | 83.4% |
| 2012 | 14.2% | 109.3% |
| 2013 | 14.5% | 139.8% |
| 2014 | 13.1% | 171.2% |
| 2015 | 7.5% | 191.6% |
| 2016 | 3.1% | 200.8% |
| 2017 | 3.8% | 212.2% |
| 2018 | 5.2% | 228.3% |
| 2019 | 3.7% | 240.4% |
| 2020 | 3.4% | 251.8% |
| 2021 | 7.6% | 278.6% |
| 2022 | 13.3% | 328.9% |
| 2023 | 10.8% | 375.2% |
