Success StoryLand Rent/Value Survey Data
Land Rent/Value Survey Data
Author: Shane Bogle
Planning Unit: Caldwell County CES
Major Program: Farm Management, Economics and Policy
Plan of Work: Production Agriculture
Outcome: Intermediate Outcome
Agricultural landowners, farmers, Extension Agents for Agriculture and Natural Resources, and other interested persons are in need of 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.
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