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From 2017 to 2022, the average value per acre of all American farmland grew from $4,368 to $5,354, an increase of nearly 23%. As investors pay top-dollar for land, farmers are often priced out ...
As of the 2017 census of agriculture, there were 2.04 million farms, covering an area of 900 million acres (1,400,000 sq mi), an average of 441 acres (178 hectares) per farm. [ 2 ] Agriculture in the United States is highly mechanized, with an average of only one farmer or farm laborer required per square kilometer of farmland for agricultural ...
Farm land can be very large: some farms are more than 100 acres. The agent must be familiar with livestock farms and crop producing farms to determine the market value of the property. [1] Value of the property is determined with the expected return on investment of the farm business. Farm machinery are often included as part of the transaction.
In 2011, the state had 92,300 corn farms on 30,700,000 acres (12,400,000 ha), the average size being 333 acres (135 ha), and the average dollar value per acre being US$6,708. In the same year, there were 13.7 million harvested acres of corn for grain, producing 2.36 billion bushels, which yielded 172.0 bu/acre, with US$14.5 billion of corn ...
In 1989, EAZ covered 6.3 million acres of land in portions of 43 states in agricultural and densely populated areas. [6] Conflict between dwellings and farm uses is minimized through EAZ, but the regulations upheld by EAZ makes nonfarm uses more restrictive and validity of uses depend on public purpose.
A section can be halved seven times in this way, down to a 5-acre (2 ha) parcel, or half of a quarter-quarter-quarter section—an easily surveyed 50-square-chain (2 ha) area. This system was of great practical value on the American frontier, where surveyors often had a shaky grasp of mathematics and were required to work quickly. [2]
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