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WISCONSIN WEATHER

Wisconsin land rental rates increase in 2024

Wisconsin land rental rates increase in 2024


By Blake Jackson

In 2024, the average cash rent for non-irrigated cropland in Wisconsin rose to $158.00 per acre, reflecting a $7.00 increase from the previous year, as reported by the USDA's National Agricultural Statistics Service. Pastureland also saw a rise in cash rent, averaging $41.00 per acre, up $3.50 from 2023.

Lafayette County led the state with the highest cash rent for non-irrigated cropland, averaging $261.00 per acre.

Grant County followed closely with an average of $244.00 per acre. Other counties with high average rents included Dane, Kewaunee, and Green.

Conversely, Douglas County reported the lowest cash rent for non-irrigated cropland at just $14.00 per acre.

In terms of pastureland, Rock County recorded the highest average cash rent at $69.00 per acre, with Lafayette County again near the top at $65.00 per acre.

Bayfield County had the lowest average rent for pastureland, coming in at $10.00 per acre.

These figures highlight the variation in land rental rates across Wisconsin, influenced by factors such as soil quality, location, and market demand.

The increases in cash rent indicate a robust demand for agricultural land, reflecting the ongoing importance of farming in Wisconsin’s economy.

Photo Credit: istock-alenamozhjer

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Categories: Wisconsin, Government & Policy

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