Cash rents rising
SPRINGFIELD — The Illinois Field Office of NASS released the USDA’s “Cash rents by counties” report.
Sangamon County has the highest reported average cash rent in the state at $324 per acre. The other counties with average reported rents over $300 are Macon ($316), Logan ($313), and Christian ($309). These four counties make up the highest reported non-irrigated rents in the state and in the country.
While there were some counties that saw average rents decrease or remain the same as 2011, statewide, cash rents increased by nearly 16 percent.
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