Articles tagged under: farmland
Farmland Values Move Higher
Published June 22, 2021
The value of good cropland across the Northern Plains is up ten-to-15 percent from one year ago. Farmers National Company Area Sales Manager Brian Mohr says sales prices are approaching all-time highs. Prices for ranch and pasture land is up,…Farmland Values Boosted by Bullish Attitude
Published June 1, 2021
According to Farmers National Company, the price for good crop ground in North Dakota, Minnesota and South Dakota is ten-to-15 percent higher than last year. The inventory of farms for sale is at a low point with more buyers than…Strong Auction Demand for Land
Published January 15, 2021
There has been an uptick in farmland sales by auction. HiBid Manager Kris Kennedy says the auction method of marketing is a way to get the highest value. "It's the purest form of capitalism," said Kennedy. "There is no shortage…MN Farmland Rents Declined from 2015-2019
Published July 26, 2020
A University of Minnesota Extension publication, Cropland Rental Rates for Minnesota Counties, shows farmland rents declined an average of 7.5 percent statewide from 2015 to 2019. Counties in east central Minnesota saw a 21 percent increase over that time frame,…A Marginal Decline in Rental Rates
Published December 4, 2019
From 2017-to-2018, Minnesota farmers saw very little change in farmland rental rates. New information from the FINBIN database found rental rates declined 1.6 percent during that time. In northwest Minnesota, rates were down less than one percent and rates were…Department of Agriculture: Respect Cropland and Rural Roads
Published October 16, 2019
With the wet conditions and recent snowfall, many acres of unharvested crops remain in fields. The North Dakota Department of Agriculture is reminding everyone to respect those crops and farmland. According to Agriculture Commissioner Doug Goehring, incidents of snowmobiles driving…Land Expo Dives Into Mineral Rights
Published June 27, 2019
Pifer’s Auction, Realty and Land Management held its annual Great Plains Land Expo in Fargo Wednesday. The one-day forum provides opportunities to learn about the issues impacting farmland. That includes a focus on mineral rights. "Mineral rights are gaining in…McKenzie County Farmland Impacted by Flooding
Published May 7, 2019
In late March, ice jams in the Yellowstone River Valley caused flooding near the North Dakota/Montana border. Approximately 14,400 acres of land were taken over by the floodwaters. The North Dakota Department of Agriculture says 1,400 of those acres are…Demand for Credit Remains High, Loan Volumes Increase
Published April 19, 2019
According to the new Federal Reserve Bank of Kansas City report on agricultural finances, the volume of non-real estate loans increased nine percent from a year ago. The volume of farm operating loans remained relatively steady, but there was more…