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Explore Oklahoma agriculture and learn what makes it unique.
As a whole, Oklahoma ranks 22nd in the US for the production and sale of commodities, making up nearly 2% of national commodity sales. A staggering 78% of Oklahoma's total land area is classified as farmland and there are 78,531 farms with an average size of 435 acres. Livestock and Poultry products are by far the top grossing commodity, making up 73% of total sales.
$34/acre
1.9%
2.1%
$35
Current Rental Rate Per Acre
Cash Rent per Acre
Source: USDA
2.1%
Average Annual Cap Rate
Implied Annual Capitalization Rate
Source: USDA
| Year | Per Acre | Change |
|---|---|---|
| 2023 | $35 | -8.0% |
| 2022 | $38 | 7.1% |
| 2020 | $35 | 1.4% |
| 2019 | $35 | 1.5% |
| 2018 | $34 | 3.0% |
| 2017 | $33 | 3.1% |
| 2016 | $32 | -4.5% |
| 2013 | $34 | 3.1% |
| 2012 | $33 | 10.2% |
