Missouri farm land statistics:
Missouri is home to some of the most affordable farmland in the United States. According to the USDA, Farmland in Missouri sells at an average cost of $3,400 per acre. The UDA also estimates that Missouri’s farmland produced nearly 23,000,000 bushels of what in 2020. Additionally, farms in Missouri were responsible for over 4,300,000 cattle in 2020.
Missouri is home to two of the most populated cities in the United States with St. Louis to the East and Kansas City to the west, but in between there miles and miles of farmland but in use and ready to be purchased. The current average cost of farmland for sale in Missouri has been steadily increasing, with prices in Missouri reaching an all-time high in May of 2020. A few factors are responsible for the dramatic increases in Missouri real estate prices, including a burgeoning farm industry, favorable agricultural sales tax policy, and an improved cash flow in the state.
Missouri is a major pork producer in the United States, with pork farmers generating nearly $800 million in personal income in 2019 alone. While Missouri’s weather pattern is not ideal for everyone, the state’s ability to take advantage of all four season gives it the ideal conditions for famers of all types.
Individuals looking for large plots of land in Missouri are usually looking for properties that server a specific purpose. Where you came here looking for hunting properties in Missouri, farming properties, or just a large plot of land, The Land Market will have a property for you.
Because of the state’s favorable agricultural conditions, farms in Missouri have the opportunity to buy farmland for reasonable prices. Unlike other areas in the Midwest, Missouri farmers aren’t required to pay significant property taxes. Missouri tourism attractions, such as museums, outdoor events, and outdoor sports venues, also encourage tourists to spend time in Missouri. There is no reason to go anywhere else.
Missouri offers a unique geographic setting in its southerly neighbor, the southern end of the Ozark Mountains. Imagine a place where the landscape ranges from rolling hills to deep corn fields, with a warm subtropical climate full of big blue-green lakes and rivers. If you want to buy Missouri land for grazing cattle, you can do so on property that straddles a portion of these beautiful mountains. Buying farmland in the southern part of Missouri offers excellent opportunities to enjoy all that the Ozark Mountains has to offer.
The Ozark Mountains of southwestern Missouri has long been the pride of this region. For years, farmers here have relied on the wide variety of livestock they raise to provide the local market with a high quality of meat and eggs. But it has become increasingly difficult to profit from the mountains, even with the rise of internet shopping and e-commerce. That has led many landowners to seek out better opportunities outside the Ozarks.
Missouri offers a great climate for growing crops. Missouri is one of the nation’s top agricultural states and has long enjoyed a thriving agricultural industry. The state’s abundance of fertile soil makes it a natural environment for raising crops, with cattle being an especially popular crop among small farmers. Even if you don’t raise cattle, chances are you have some growing on your property. If you are looking to invest in Missouri farmland, it is important to check out the agricultural land values per acre. Agricultural land in the Ozark Mountains of Missouri generally appreciates in value because the climate and soils are ideal for growing a variety of crops. If you have a thriving family business, you could be investing in one of the best areas of the country to make money.
Missouri has a number of factors working for it as well. It is one of the few states that have remained profitable for the past five years. The Midwest region of the United States continues to experience strong economic growth, and this has been reflected in its prosperity in agricultural lands. Several respondents mentioned that they had received multiple offers on their farmland. If you are interested in buying farmland in Missouri, now is a great time to buy as prices are low and you can likely expect to pay below-market price.