Report Documents Premium Value of Organic-Certified Farmland
A new report from Mercaris’ Mercoterra Project looked at the monetary value of certified organic field crop farms to assess whether these farm values are significantly different from comparable conventional field crop farmland in several areas of the Corn Belt and East Coast. The Mercoterra Project findings demonstrate that there is a premium of 25% being paid for organic rental land in the United States. Furthermore, for those whose rent both organic and conventional land, in some cases organic land commands a higher cash rental rate than comparable conventionally farmed land. Both the project report and an on-demand webinar are available online.