Maryland Agriculture Lending Conditions, Land Values and Cash Rental Rates 2018

Abstract

In Spring 2018, Maryland farmers were surveyed to determine current land values, rental rate and lending conditions. Surveyors received responses from seven out of nine University of Maryland Extension program clusters. These clusters reported the values, rents and interest rates for non-irrigated cropland, irrigated cropland, pastureland and forested land in their region. This data was used to determine the average values for each cluster and the state of Maryland. Descriptions of the data as well as tables are provided in the publication.