Wisconsin's Average Rent for Farmland

Monday, August 8th, 2022 -- 10:00 AM

(Wisconsin Ag Connection) Farmers who rent non-irrigated cropland in the Badger State are paying a little more out of pocket this year to farm other people's property.

According to the Wisconsin Ag Connection, the Wisconsin Ag Statistics Service reports that the average cash rental rate for farmland is $145 per acre for 2022, up $12.00 from last year's figures. Irrigated cropland rent is averaging $13.00 more this year at $250.00 per acre. And pastureland is renting for about $1.00 less per acre statewide at $36.00.

Meanwhile, Wisconsin's farm real estate value averaged $5,700 per acre in 2022, about $510 per acre, or 10 percent, higher than last year's value. Cropland is valued at $6,000 per acre, an increase of $720 over 2021, while Pastureland is selling for $2,900 per acre, up $380 above last year.

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