McMillan Warner Insurance

Wisconsin Ag News Headlines
Wisconsin Growers Paying More to Rent Farmland
Wisconsin Ag Connection - 09/11/2017

Farmers that rent non-irrigated cropland in the Badger State are paying a little more out of pocket this year to farm other people's property. The Wisconsin Ag Statistics Service reports that the average cash rental rate for farmland is $133 per acre for 2017, up two dollars from last year's figures.

The most expensive region of the state to rent field acres is the south central, where rent is going for $175 per acre. Landlords in LaFayette County's continue to charge the highest amount for an acre of farmland at $230, followed by Dodge, Columbia, Grant and Walworth Counties.

North west Wisconsin is offering the cheapest rent at $84.50, but that's more than $13.00 more than they paid last year. Sawyer County, which is in that district, is renting agricultural land for the lowest amount of any county at $41.50 per acre.

Twenty-three counties had average cash rents less than $100 per acre in 2017 and several averaged less than $50 per acre.

Meanwhile, pastureland is also renting for about five dollars more per acre statewide at $40. Grazing land in the south east and east central parts of the state are averaging more than $54 per acre this year, while producers in the northwest are paying the least at $19.

Other Wisconsin Headlines
Meyer Manufacturing
Copyright © 2020 - All Rights Reserved.