Success StoryAgriculture Economics
Agriculture Economics
Author: Linda McClanahan
Planning Unit: Mercer County CES
Major Program: Farm Management, Economics and Policy
Plan of Work: Agriculture and Horticulture
Outcome: Initial Outcome
Agricultural landowners, farmers, Extension Agents for Agriculture and Natural Resources, and other interested people need a reliable source of information for determining the value of agricultural land and cash rental rates for agricultural land. Kentucky Agricultural and Natural Resource agents worked with Dr. Greg Halich from the Martin Gatton College of Agriculture Food and Environment, Agricultural Economics Department to collect information from landowners regarding existing cash rental rates for agricultural land and PVA offices, real estate agents, and individual landowners to ascertain current agricultural land values across the commonwealth. Seventy-one Agents for Agriculture and Natural Resources surveyed individual landowners, farmers, PVA’s and real estate agents/ auction companies from those counties represented. Seventy usable surveys were submitted to Dr. Halich. The information from those surveys will be compiled and used to update the publication AEC 97 Land Value and Cash Rent Survey. That publication will consist of aggregated information that will be broken into regions and sub regions so that people utilizing the information can hone in on the specific region/sub-region that they are interested in.
Stories by Linda McClanahan

Beef Month
The Mercer County Cattlemens Association teamed up with the Mercer County Ag Agent and NEP assistant... Read More
Virtual National Agriculture Week
The Mercer County Extension Office partnered with the Mercer County Farm Bureau Federation to celebr... Read More
Stories by Mercer County CES

Beef Month
The Mercer County Cattlemens Association teamed up with the Mercer County Ag Agent and NEP assistant... Read More
Mercer County Youth Leadership Program
In the 2016 4-H National Youth Survey on Leadership, two-thirds of respondents said they dont have t... Read More
© 2024 University of Kentucky, Martin-Gatton College of Agriculture, Food and Environment