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Explore West Virginia agriculture and learn what makes it unique.
Due to West Virginia's hilly / mountainous terrain, much of the state's agricultural ecosystem revolves around Livestock, Poultry, and products which amount to 80% of agricultural sales in the state. The top crop produced is Hay, much of which is used as feed for Livestock, followed by Corn and Soybeans. Just under 24% of West Virginia's total land are is used as farmland for a total of 3.6 million acres of cropland, pastureland, and timber.
$39/acre
2.5%
1.1%
$45
Current Rental Rate Per Acre
Cash Rent per Acre
Source: USDA
1.1%
Average Annual Cap Rate
Implied Annual Capitalization Rate
Source: USDA
| Year | Per Acre | Change |
|---|---|---|
| 2023 | $45 | 8.4% |
| 2022 | $42 | 12.2% |
| 2021 | $37 | -5.1% |
| 2020 | $39 | -9.3% |
| 2019 | $43 | -4.4% |
| 2018 | $45 | 7.1% |
| 2017 | $42 | 5.0% |
| 2011 | $33 | 3.1% |
| 2010 | $32 | 14.3% |
| 2008 | $28 | -6.7% |
| 2006 | $30 | 7.1% |
| 2005 | $28 | -6.7% |
| 2004 | $30 | 7.1% |
| 2003 | $28 | 3.7% |
| 2002 | $27 | 3.8% |
| 2000 | $26 | -7.1% |
| 1999 | $28 | -3.4% |
| 1998 | $29 | -9.4% |
| 1996 | $32 | 6.7% |
| 1995 | $30 | -3.2% |
