Virginia Farm Real Estate Value Increases - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Virginia Farm Real Estate Value Increases

Posted: Updated:
RICHMOND, Va. (AP) - The value of farm real estate in Virginia has increased over the past year.

A federal survey shows that the value of land and buildings on farms was an average $4,320 per acre this year. That's up from $4,310 per acre in 2013.

Cropland value increased by $10 per acre to $4,460. The value of pastureland was unchanged at $3,930.

Cash rent paid for cropland also increased. Irrigated cropland rent paid to landlords rose by $15 to an average $100 per acre. Dryland cropland rent increased by $4 to an average $54 per acre.

Cash rent paid for pasture was unchanged at an average $21 per acre.

The survey was conducted by the National Agriculture Statistics Service.
  • Delmarvawide NewsDelmarvawide NewsMore>>

  • Dover Business Owners Sound Off During Downtown Tour

    Dover Business Owners Sound Off During Downtown Tour

    09/25/2017 19:37:00 -04:002017-09-25 23:37:00 GMT
    Tuesday, September 26 2017 12:59 AM EDT2017-09-26 04:59:55 GMT
    Erin Thwaite, owner of Bel's Boutique in Downtown Dover, talks with City Councilman David Anderson about running a store in Downtown Dover.Erin Thwaite, owner of Bel's Boutique in Downtown Dover, talks with City Councilman David Anderson about running a store in Downtown Dover.
    DOVER, Del. --- Dover business owners on Monday gave their thoughts on conditions in the downtown area during a tour by city officials and members of the Downtown Dover Partnership.The Monday morning tour was aimed at getting feedback from local businessMore
    DOVER, Del. --- Dover business owners on Monday gave their thoughts on conditions in the downtown area during a tour by city officials and members of the Downtown Dover Partnership.The Monday morning tour was aimed at getting feedback from local businessMore
  • Dover Man Arrested for Drug Charges After Traffic Stop

    Dover Man Arrested for Drug Charges After Traffic Stop

    09/25/2017 18:48:00 -04:002017-09-25 22:48:00 GMT
    Monday, September 25 2017 7:01 PM EDT2017-09-25 23:01:30 GMT
    Courtesy of the Milford Police Department Courtesy of the Milford Police Department
    Milford Police arrested a Dover man after finding drugs in his car during a traffic stop.More
    Milford Police arrested a Dover man after finding drugs in his car during a traffic stop.More
  • Local Sports Fans React to NFL Protests

    Local Sports Fans React to NFL Protests

    09/25/2017 18:40:00 -04:002017-09-25 22:40:00 GMT
    Monday, September 25 2017 6:41 PM EDT2017-09-25 22:41:57 GMT
    NFL players across the country linked arms and kneeled down on one knee - all to take a stand against President Donald Trump and a statement he made last Friday.More
    NFL players across the country linked arms and kneeled down on one knee - all to take a stand against President Donald Trump and a statement he made last Friday.More
Powered by Frankly

All content © Copyright 2000 - 2017 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices