Articles tagged under: farmland

Top Story #10: Land Values Escalate

Published December 31, 2021

Demand for productive ag land nationwide caused a jump in real estate values for farmland, cropland and pastureland. Low interest rates and high commodity prices helped. Farmers National Company Senior Vice President of Estate Operations Randy Dickhut says there’s a…
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Farmland Values Move Higher in Q3

Published November 24, 2021

A survey of agricultural bankers by the Kansas City Federal Reserve shows farmland values surged during the third quarter. The value of non-irrigated cropland increased by 12 percent or more in all participating districts. The increase was also consistent across…
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An Active Land Market

Published November 11, 2021

There is powerful demand for good productive cropland. "For the most part, it is strong to extreme strength, but it is too early to make a blanket assessment on that," said Kyle Nelson, Farmers National Company. There is a fair…
Latest NewsAg Business

Farmland Values on the Rise

Published August 9, 2021

According to a new USDA report, Minnesota farmland averaged $5,240 per acre this past year, up $400 from last year. Farm real estate in South Dakota averaged $2,190 per acre, up $180 per acre from 2020. In North Dakota, farmland…
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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,…
Latest NewsAg Business

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…
Latest NewsAg Business

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,…
Latest NewsAg BusinessCrops

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…
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