Posted: 08.08.2011

Cost of operations are continuing to go up for Wisconsin farmers - especially given the high cost of land. 

The latest survey from the Wisconsin Ag Statistical Service shows that as of January 1, 2011, the value of farm real estate, including land and buildings, in Wisconsin averaged $4,050 per acre, up 8 percent from the previous year.

Compared with its neighbors in the Lake States region, Wisconsin had a higher value than both Michigan at $3,850 and Minnesota at $3,350. The national average was $2,350 per acre.

Cropland values in Wisconsin averaged $3,950 per acre. This was an increase of $300 from last year. Average pasture values increased $40 per acre to $2,090 per acre.

Wisconsin had a cropland rental rate of $99.00 per acre, as of January 1, 2011. This is an increase of $7.00 over last year. Wisconsin had a pasture rental rate of $32.00 per acre. This is well above the U.S. average of $11.50 per acre.

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