Equivalent Gross Cash Rent
University of Illinois Farm Business Management Resources
FBM-323
Department of Agricultural and Consumer Economics • College of Agriculture, Consumer and Environmental Sciences University of Illinois at Urbana-Champaign
Equivalent Cash Rent Based on Landlord’s Crop-Share Data—1994 to 2008
Gross Returns Expenses = Net Rents + Taxes, Bldg., & Misc. Expenses = Equivalent Gross Cash Rents¹
(per tillable acre) 86–100 SPR 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 ........ ........ ........ ........ ........ ........ ........ ........ ........ ........ ........ ........ ........ ........ ........ $ $ 177.45 183.44 211.41 202.03 168.45 183.90 195.55 181.81 179.81 203.30 221.45 217.19 246.90 351.33 390.50 285.47 237.17 161.54 167.26 182.63 186.20 154.75 164.00 178.64 171.43 171.89 186.27 209.05 200.09 232.78 330.69 368.99 $ $ 268.32 221.38 $ $ $ $ 67.67 78.93 85.18 87.42 88.08 86.99 88.18 90.58 89.26 87.45 94.52 102.83 104.22 114.99 139.95 111.30 $ 99.90 $ 56–85 SPR 61.33 70.21 77.27 81.33 81.76 79.00 81.65 86.19 83.23 84.22 88.76 98.41 98.34 108.74 137.43 106.34 94.60 $ $ 109.78 104.51 126.23 114.61 80.37 96.91 107.37 91.23 90.55 115.85 126.93 114.36 142.68 236.34 250.55 174.17 137.28 100.21 97.05 105.36 104.87 72.99 85.00 96.99 85.24 88.66 102.05 120.29 101.68 134.44 221.95 231.56 161.98 126.79 $ $ $ $ 26.04 29.57 31.99 32.50 33.04 35.18 36.82 37.04 34.92 31.64 33.45 33.62 34.31 34.86 37.53 34.75 34.94 21.13 24.34 26.13 27.76 28.15 30.04 32.64 33.37 30.66 28.06 29.91 30.31 30.86 30.83 35.32 31.45 31.20 $ $ $ $ 135.82 134.08 158.22 147.11 113.41 132.09 144.19 128.27 125.47 147.49 160.38 147.98 176.99 271.20 288.08 208.93 172.21 121.34 121.39 131.49 132.63 101.14 115.04 129.63 118.61 119.32 130.11 150.20 131.99 165.30 252.78 266.88 193.43 157.99
5-year average 10-year average 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 ........ ........ ........ ........ ........ ........ ........ ........ ........ ........ ........ ........ ........ ........ ........
5-year average 10-year average
¹ Net rents plus taxes, building repairs, depreciation, and miscellaneous expenses.
Source: Landlord Shares and Farm Returns reports AE-4693; AE-4657; AERR 205, 203, 199, 197, 190, 187; and unpublished data, Department o and Consumer Economics, University of Illinois at Urbana-Champaign. For years 1995 and after, landlord's income and expenses estima operator data from FBFM record summaries.
Prepared by Dale Lattz & R. A. Hinton, Ext. Specialists, Farm Mgmt., Dept .of Agr. & Consumer Econ., University of Illinois at Urbana-Champaign.