The farmland market continues to be stable in Wisconsin. For 2017, the average price of farmland sold was $4,025. That’s identical to the 2016 state-wide average and 3.5% higher than the 2015 average, according to a report from the University of Wisconsin’s Center for Dairy Profitability that is based on Wisconsin Department of Revenue data.
“There were 11% more acres sold in 2017 and 13% more reported transactions,” reports Arlin Brannstrom, faculty associate emeritus at the University of Wisconsin’s Center for Dairy Profitability. “Declining farm incomes helped to dampen demand. With low commodity prices expected and increased borrowing costs again in 2018, producer competition for land will likely soften again.”