The total number of farms in Wisconsin in 2022 was 64,100, unchanged from 2021 according to the USDA’s National Agricultural Statistics Service latest farm report.
Total land in farms for Wisconsin during 2022 was 14.2 million acres. Wisconsin’s average farm size in 2022 was 222 acres, unchanged from 2021.
At the 2023 Agricultural Outlook Forum, Renk Agribusiness Institute Director Paul Mitchell says Wisconsin’s top four commodities did very well in 2022. These are corn, soybeans, livestock and dairy, which saw good prices and record or near-record yields. He adds farm bankruptcies are also down.
“It’s really nice to see the farm bankruptcies, Chapter 12 filings, are down. We actually no longer lead the nation,” Mitchell says. “There’s a lot of evidence that people have taken this opportunity to reorganize and get ready for whatever is coming into the rest of 2023.”
Taking a look at the total U.S., the number of farms in 2022 was estimated at just over 2 million, down 9,350 farms from 2021. The number of farms increased in all sales classes except the $1,000-$9,999 and $10,000-$99,999 sales classes.
In 2022, 50.8 percent of all farms had less than $10,000 in sales and 81.4 percent of all farms had less than $100,000 in sales. In 2022, 7.5 percent of all farms had sales of $500,000 or more.
Total land in farms, at 893.4 million acres, decreased 1.9 million acres from 2021. The biggest change for 2022 is that producers in Sales Class $100,000 – $249,999 operated 1.62 million fewer acres than in 2021. In 2022, 30 percent of all farmland was operated by farms with less than $100,000 in sales, while about 41 percent of all farmland was operated by farms with sales of $500,000 or more.
The average farm size for 2022 is 446 acres, up from 445 acres the previous year. Average farm size increased in the $1 million or more sales class and decreased or remained unchanged in all other sales classes.
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