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Farm Tenure and Cash Rents in the United States

Author

Listed:
  • Reinsel, Robert D.
  • Johnson, Bruce

Abstract

Fifty-five percent of the 392 million acres of farmland rented in 1964 were rented for cash. Between 1961 and 1968, gross cash rents per acre increased at a slower rate than land values; landlord expenditures per acre also increased. Thus, net rents moved up even more slowly than gross rents and rent-to-value ratios declined. Cash renting is increasing in the United States, in part because of increased renting by part owners, who tend to use cash leases more frequently than do full tenants. The increase in farm size and capital needs that is associated with a continuing trend toward part ownership and what appears to be a general shift from share renting implies a greater reliance on cash renting in the future. The report also describes methodology used in determining the acreage of cash-rented land.

Suggested Citation

  • Reinsel, Robert D. & Johnson, Bruce, 1970. "Farm Tenure and Cash Rents in the United States," Agricultural Economic Reports 307411, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerser:307411
    DOI: 10.22004/ag.econ.307411
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    File URL: https://ageconsearch.umn.edu/record/307411/files/aer190.pdf
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    Cited by:

    1. Baron, Donald, 1981. "Landownership Characteristics And Investment In Soil Conservation," Staff Reports 276723, United States Department of Agriculture, Economic Research Service.
    2. Lanier, Eleanor B., 1972. "Economics of Agriculture: Reports and Publications Issued or Sponsored by USDA's Economic Research Service, July 1970-June 1971," Miscellaneous Publications 321803, United States Department of Agriculture, Economic Research Service.

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