Agricultural Land Rent

Agricultural land rent is the fee paid by farmers or land users to landowners for the right to cultivate and use the land for farming purposes. It reflects the land’s productivity, location, and market value. The rent can be a fixed amount or variable, often influenced by factors like crop yields, soil quality, and regional demand. Essentially, it compensates the landowner for granting access to their property, enabling farmers to produce food and other agricultural products while providing the landowner with income without direct involvement in farming activities.