Survey: Wisconsin farmland worth 10% more than in 2020 | www.WDIO.com

Survey: Wisconsin farmland worth 10% more than in 2020

Survey: Wisconsin farmland worth 10% more than in 2020 Photo: Jon Ellis/WDIO-TV, file

WDIO
Created: November 28, 2021 08:19 PM

MILWAUKEE (AP) - A survey of Midwest farm bankers found Wisconsin farmland values are up 10% from the same period in 2020.

A farm appraiser says the rise in land values is driven by strong commodity prices, and demand from non-farm buyers.

The Federal Reserve Bank of Chicago surveyed 151 bankers in their district, which includes Iowa and parts of Wisconsin, Illinois, Indiana and Michigan. Compared to the third quarter of 2020, bankers reported that land values were up 18%.
 

Copyright 2021 The Associated Press. All rights reserved.

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