ND Cropland Prices Continue Upward Momentum

The average North Dakota cropland prices went up by double digits for the fourth straight year in 2025. The largest year-to-year increase was in the northern Red River Valley, up 22 percent. Cash rents are also up with the highest increase in the northern Red River Valley at more than ten percent. NDSU Extension Agricultural Finance Specialist Bryon Parman is surprised by this trend given the drop in net farm income and higher interest rate costs.