Auctioning off the farm

A Kewaunee auctioneer is seeing land being sold at lower amounts due to below normal commodity prices and other factors. It comes at a time when auctioneers across the state are keeping themselves busy as the numbers of dairy farms in Wisconsin dwindle at a rate of over two a day according to the USA Today-Wisconsin Network. Rick Basken of Basken Auctions in Kewaunee says many of the smaller farms in the county have been gone for years, leaving just the land to go to market.  Crops are not making things easier with commodities like soybeans currently priced at near record lows. Basken says farmers looking out for each other are also keeping prices low for farmland.

Basken does not see many farm auctions occurring in Kewaunee County where animals and implements are sold in the near future, but says smaller operations in nearby Manitowoc and Brown Counties could be next if commodity prices do not improve.

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