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There are a total of 69,983 farms in Tennessee across 10.8 million acres of agricultural land covering 41% of the state’s total land area. Farmers produce a wide variety of commodities, but field crops such as Soybeans, Cotton, and Corn account for the majority of revenue, a total of $2.2 billion. However, the sale of Livestock, Poultry and their products should by no means be overlooked as these commodities combined make up a total of $1.6 billion in sales.
6.6%
3.9%
245.2%
6.61%
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.
3.9%
Standard Deviation of Returns
Year Over Year Change (%)
Source: NCREIF
| Year | Total Return | Cumulative |
|---|---|---|
| 2003 | 6.2% | -99.9% |
| 2004 | 4.5% | 4.5% |
| 2005 | 11.0% | 16.0% |
| 2006 | 11.3% | 29.0% |
| 2007 | 15.6% | 49.1% |
| 2008 | 8.3% | 61.4% |
| 2009 | -2.7% | 57.0% |
| 2010 | 4.8% | 64.6% |
| 2011 | 1.2% | 66.6% |
| 2012 | 2.5% | 70.7% |
| 2013 | 5.2% | 79.6% |
| 2014 | 5.3% | 89.2% |
| 2015 | 5.5% | 99.7% |
| 2016 | 7.2% | 114.0% |
| 2017 | 4.3% | 123.2% |
| 2018 | 5.2% | 134.9% |
| 2019 | 4.7% | 146.0% |
| 2020 | 4.6% | 157.3% |
| 2021 | 6.1% | 173.0% |
| 2022 | 12.7% | 207.6% |
| 2023 | 12.2% | 245.2% |