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Cashing in on cropland: farmland prices are on the rise

In Dane County, prices rose 7.6 percent to an average $5,851 per farm acre from 2010 to 2011 ? according to a study by the UW Center for Dairy Profitability ? and by 11 percent between 2006 and 2011. The center also found farmland values statewide rose 6.7 percent in 2011, to $3,475, and by 31 percent over the past six years in south-central Wisconsin, or from $3,739 to $4,902 per farmland acre. ?Agricultural land values have continued to be a bright spot in the otherwise weak real estate market,? said A.J. Brannstrom, a farm management specialist who does the center?s annual farmland surveys.