Where does it cost the most and least to rent pasture?

Pasture rent is an expense most cattle producers negotiate on a yearly basis and it can fluctuate based on competition from other grazers. This year cash rent pasture rates averaged $12.50/acre nationally, down $0.50/acre from last year and $1.50/acre lower than 2015. Rental rates in 2013-14 stayed at $12/acre and in 2012 were down to $11.50/acre, according to U.S. Department of Agriculture data. Drovers CattleNetwork breaks down pasture lease prices across the country. Read more…