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Explore Oregon agriculture and learn what makes it unique.
Oregon is an agriculturally diverse state, producing more than 250 different commodities and ranks 28th in the US for commodities sold. The only state that produces a wider variety of crops than Oregon is California. There are a total of 37,616 farms in the state spread across 15.9 million acres. Oregon ranks number 1 in the nation for the production of Hazelnuts, Crimson Clover, several types of seeds, Azalea flowers, Christmas trees, Rhubarb, and Blueberries.
$145/acre
4.0%
5.3%
$179
Current Rental Rate Per Acre
Cash Rent per Acre
Source: USDA
5.3%
Average Annual Cap Rate
Implied Annual Capitalization Rate
Source: USDA
| Year | Per Acre | Change |
|---|---|---|
| 2023 | $179 | -1.6% |
| 2022 | $182 | 0.6% |
| 2021 | $181 | 13.1% |
| 2020 | $160 | 5.3% |
| 2019 | $152 | -4.4% |
| 2018 | $159 | 4.6% |
| 2017 | $152 | 10.9% |
| 2016 | $137 | -6.2% |
| 2015 | $146 | -2.0% |
| 2014 | $149 | 22.1% |
| 2013 | $122 | -6.2% |
| 2012 | $130 | -3.0% |
| 2011 | $134 | -2.2% |
| 2010 | $137 | -2.8% |
| 2009 | $141 | 31.8% |
| 2008 | $107 | 10.3% |
| 2007 | $97 | -3.0% |
| 2004 | $100 | 2.0% |
| 2003 | $98 | 3.2% |
| 2002 | $95 | 5.6% |
| 2000 | $90 | 5.9% |
| 1999 | $85 | 11.8% |
