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Land rental values
Non-irrigated cropland rent averaged $151.00 per acre in Wisconsin during 2023, an increase of $6.00 from 2022 according to the latest report released by USDA’s National Agricultural Statistics Service. Cash rent paid for pasture in Wisconsin averaged $37.50 per acre in 2023, an increase of $1.50 from 2022. Lafayette County had the highest published average cash rent for non-irrigated cropland, at $259.00 per acre, followed by Grant County, at $241.00 per acre. Brown, Dane, and Walworth rounded out the top five. Rock had the highest published pasture cash rent at $76.50 per acre, followed by Lafayette at $69.50 per acre.
Ag Lease 101, created by the North Central Farm Management Extension service, helps both land owners and land operators learn about alternative lease arrangements and includes sample written lease agreements for several alternatives. Download a Wisconsin Farm Lease example and read specific information about what you should know about farm leases in the Articles section below.
What makes for a fair, robust, and resilient ag or farm lease agreement? This web meeting includes an example dialog between land/farm owner and renter as they negotiate the specific details of a lease agreement, highlighting important resources, tools and considerations to inform a resilient and robust agreement that serves both parties. Click here to view the video series from the December Farm Management Friday webinar.
The Custom Rate Guide is a summary of a mail survey that collected rates paid by Wisconsin farmers who hired custom work, custom operators and farmers who performed custom work, and machinery dealers who rented out equipment for field operations including manure services, tillage, planting, fertilizer & chemical application, harvest operations, and machinery rental.