Farmers that rent non-irrigated cropland in the Badger State are paying a little less 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 2021, down $5.00 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 continue to charge the highest amount for an acre of farmland at $214, followed by Grant, Brown and Green Counties, respectively.
Northwest Wisconsin is offering the cheapest rent at $61. Bayfield County, which is in that district, is renting agricultural land for the lowest amount of any county at $20.50 per acre.
Twenty-four counties had average cash rents less than $100 per acre in 2021 and several averaged less than $50 per acre.
Meanwhile, pastureland is renting for about $2.00 more per acre statewide at $37. Grazing land in the east central part of the state is averaging more than $61 per acre this year, while producers in the northwest are paying the least at $13.
Categories: Wisconsin, Business