WI Custom Rate Guide 2017
The Custom Rate Guide is a summary from a mail survey which 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.
Non-irrigated cropland rent averaged $137.00 per acre in Wisconsin during 2019, an increase of $4.00 from 2017 according to the latest report released by USDA’s National Agricultural Statistics Service. Cash rent paid for pasture in Wisconsin averaged $40.00 per acre in 2019, unchanged from 2017.
Rock County had the highest published average cash rent for non-irrigated cropland, at $217.00 per acre, followed by Lafayette County, at $215.00 per acre. Grant, Green and Columbia rounded out the top 5.
The highest published pasture cash rent was $68.50 per acre in Lafayette County. Calumet followed at $62.50 per acre with Columbia and Waupaca both at $57.00 per acre. Full Report: Land Rental Values by County, WI Agriculture Statistics Services
Articles contain information for building robust agriculture leases and contracts, guidance on determining an equitable rental rate, and data for Wisconsin agriculture land prices. Factsheets and example contracts help landowners and operators learn about lease arrangements and includes sample written lease arrangements for several alternatives Ag Lease 101 Website
Determining a rental rate is not an exact science. Local demand and supply conditions, anticipated market conditions, and long-standing working relationships can have bearing on rental rate negotiations. Learn what factors to consider when setting a rental rate.
It is critical that landlords and renters spend time addressing the terms of the rental agreement before finalizing the agreement to prevent problems over the duration of the contract. Maintaining positive working relationships between landlords and renters is vital for long-term success. Learn what to include in a fair and equitable farm land lease.
Rental rates and lease agreement questions often arise in the fall. Landowners or renters are looking for a lease agreement template that they can plug their values into. Learn what’s important to include in lease agreements and how to create a robust, authentic lease agreement.
This report provides a statewide overview of agricultural land values across Wisconsin based on a statistical analysis of more than 8,000 actual sales from 2009-2019 and now includes the weighted average price of agricultural land sold in Wisconsin between January and October 2020. The report includes land values versus rental rates, influencing factors, and […]
