A research on capitalization interest rate for agricultural fields of Erbaa town of Tokat province

In this research, capitalization interest rates were calculated for dry farming lands of agricultural enterprises in Erbaa town of Tokat province were calculated. Research data were gathered through the face-to-face questionnaires made with 92 agricultural enterprises of the research region. The data gathered belong to the year 2018. Of the participant enterprises, 76.88% was operated as property enterprise, 23.12% was operated as tenancy enterprise and there were not any share cropping enterprises. All of the enterprise lands were cultivated and there were not any fallow lands. Of the land assets of the participant enterprises, 60.42% was composed of agricultural lands and 39.5% was composed of viticulture lands. The gross product value of the investigated enterprises was calculated as 822.01 TL/da and the ratio of land rent in gross product was calculated as 32.18%. Available capitalization interest rate for dry-farming lands of property enterprises was calculated as 5.65%. Within the scope of this research, some information about agricultural activities of interviewed enterprises were also gathered.