Articles tagged under: land values
Local Land Value Optimism and Tax Changes Ahead
Published May 17, 2021
Higher commodity prices should have an impact on land values. "Maybe this will change the volume of land we'll see in the market and the pricing," said Chris Griffin, president, Red River Land Company. "We are also watching the tax…Well Grounded – Episode 2
Published April 23, 2021
The latest land values and rental rates have been released by NDSU Extension. In episode two of Well Grounded, Extension agriculture finance specialist Bryon Parman talks about the survey results, including land value trends and differences compared to previous years.…Land Values Hold Strong into 2021
Published January 11, 2021
According to the latest Land Values Report from Farmers National Company, sale volumes were up 49 percent during October and November compared to the previous year. Northern Plains farmers are currently buying 90 percent of top-quality farmland coming up for…Labor Costs Increase, Little Change Expected in Cash Rents
Published December 16, 2020
Compared to other parts of the country, North Dakota farmland values remain flat. As a result, NDSU Extension Ag Finance Specialist Byron Parman does not expect much of an increase in cash rent. Parman, who was part of the NDSU…Higher Commodity Prices Boost Land Values
Published November 23, 2020
An uptick in commodity prices can impact on land values. Wells Fargo Agricultural Economist Michael Swanson says there’s been strong farm real estate pricing in Minnesota. "Between lower financing costs and $11 soybeans, there's a lot of bullishness. Also, any…Griffin Succeeds Botsford at Red River Land Co.
Published October 9, 2020
Chris Griffin is the new owner of the Red River Land Company in Grand Forks. Griffin succeeds John Botsford, who will continue with the company as its vice president. Red River Land Company specializes in brokering agricultural properties and American…Swanson: Make Tough Cash Rent Decisions Now
Published September 25, 2020
According to Wells Fargo Agricultural Economist Michael Swanson, the farm balance sheet looks strong on paper, but there is a disconnect between the USDA’s definition of a strong balance sheet and farmer sentiment. "When you look at the levels of…The New Normal: What’s Next for the Land Market?
Published September 18, 2020
What is the 'new normal' for the land market? That was just one, of the several, discussions held at the Big Iron Farm Show in West Fargo. The crew from Farmers National Company took the stage at the Red River…Will Land Values Veer from Plateau Trend in 2020?
Published January 13, 2020
The land market in 2019 continued the plateau trend of the past several years. Farmland sale activity in the first part of the year was slower with the late spring and planting delays. “Despite the slower land market, Farmers National…