Land is one of the most important resources to agriculture. Many farmers rent land from other entities to grow crops, and feed their animals. In Wisconsin some of the rented land saw rises in cash rent prices. According to the USDA’s National Agricultural Statistics Service, Wisconsin during 2017 saw an increase in rent cost of non-irrigated crop land. The average rent cost in 2017 for this crop land was $133.00 per acre in Wisconsin. This was an increase of $2.00 per acre from the previous year.
The counties that saw the highest rent rates for non-irrigated crop land in Wisconsin were Lafayette, Dodge, Columbia, Grant, and Walworth County. The county with the highest published cash rent for non-irrigated cropland was Lafayette County, at $230.00 per acre.
Other rented land that increased in cash rent paid in 2017 was Wisconsin pasture land. The cash rent paid for pasture in Wisconsin averaged $40.00 per acre in 2017, this is up $5.00 from 2016. The highest published pasture cash rent was $82.00 per acre in Ozaukee County. Manitowoc and Sheboygan Counties were also found to have high pasture rent cost at approximately $75.00 per acre.
We will have to continue to keep our eyes on pasture and non-irrigation crop land rent prices as 2018 quickly approaches.