Tennessee Agriculture Overview

Explore Tennessee agriculture and learn what makes it unique.

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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.

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tennessee Farmland Returns

Over the last 20 years, tennessee farmland has offered average returns of 6.47%. At this rate, $10,000 invested in farmland in 2003 would now be worth over $34,521. Farmland returns are made up of two values, land appreciation, and capitalization rates of the property. Total farmland returns have been positive every year since 1990.

6.5%

Average Annual Returns

Cumulative Returns of Farmland

Source: NCREIF

Created with Highcharts 9.1.019981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023$0$12000$24000$36000$48000$60000Highcharts.com

3.8%

Standard Deviation of Returns

Year Over Year Change (%)

Source: NCREIF

Created with Highcharts 9.1.019981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023-5 %0 %5 %10 %15 %20 %Highcharts.com

Farmland Returns: Top 5 States

1. nebraska
14.6%
2. north dakota
14.3%
3. kansas
12.8%
4. south dakota
12.6%
5. iowa
12%
6. washington
11.8%

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