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USDA: Wisconsin farm real estate value dips

By ASSOCIATED PRESS   Thursday, August 6, 2009 - 7:15 a.m.
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MADISON—The value of farm real estate in Wisconsin dipped 3 percent since last year, but it remains well above the national average.

The U.S. Department of Agriculture says an acre of agricultural property averages $3,750 in Wisconsin. That ties with Michigan for 18th highest in the nation. Minnesota’s value was about $2,900. Values in all three states are well above the national average of $2,100 per acre. Farm real estate includes land and buildings.

Meanwhile, cropland values in Wisconsin averaged $3,650 per acre. That’s an increase of more than 1 percent from the previous year.




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prevention
Aug 6, 2009 at 2:56 p.m.
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It's a shame that society does not recognize the importance of agricultural land AND family farms. Who do you think puts the food on the plates?

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