Along with every other town and village in the Apennines, Castelnovo is an approved area for the production of Parmesan cheese.

The pietra (literally "Rock of Bismantova") can be spotted from a distance of 30 kilometres (19 mi) as it stands at around 1,047 metres (3,435 ft) above sea level.

The rock was mentioned by the Italian poet Dante Alighieri in the Divine Comedy.

Other geographical landmarks include the Triassic chalk formations of the Gessi Triassici and the river Secchia which, together with the Pietra of Bismantova, are part of the National Park of the Appennino Tosco-Emiliano.

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