Ag Facts

In Illinois, 23 percent of the farmland is owned, 47 percent share rented, and 29 percent cash rented. Average cash rents were $117 per acre in 2000, and equivalent cash rents averaged $144 for high quality farmland over the past five years.

SOURCE:
Perspectives on Farmland Leasing
http://www.farmdoc.uiuc.edu/manage/newsletters/newsletter.html