North Dakota cropland values are leveling off following four consecutive years of strong growth. NDSU Extension Agriculture Finance Specialist Bryon Parman said tight farm margins are finally beginning to show up in the land market. “We had a period from late 2020 through 2025 with some pretty significant gains in cropland prices, going up double digits pretty much year-over-year.” Parman said the latest survey shows statewide land values increased less than one percent. Regional differences remain significant. Southeast North Dakota values dropped roughly 7.5 percent while other regions posted gains because of limited land availability and localized demand. Cash rents continued moving higher statewide, increasing approximately two percent from a year ago.
