WI farms net record $2.4 billion in 2011

Harmony Valley Farm lettuce and fennel in May 2011: "In this cool weather, only growing slowly (but surely)"

As summarized in this news release, a recent report from the UW Department of Agricultural & Applied Economics estimates that Wisconsin farms netted a record-setting $2.4 billion last year, “up about 17 percent from 2010 and three times what they earned in 2009, when plunging milk prices put many dairy operations in the red.”

As a brief story from The Capital Times summarizes, “the report notes that while soaring corn and soybean prices boosted profits for crop producers, they trimmed incomes of farmers who have to buy grain products to feed livestock.” Other challenges in 2011 included a cold, wet spring that slowed the planting season and some extreme summer heat that cut into dairy production.

Hear a report from Steve Roisum of Wisconsin Public Radio here. And for the full report, which includes a look ahead to Wisconsin farming in 2012, click here.

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