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Articles tagged under: land values

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.…
Top StoriesLatest NewsAg BusinessCrops

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…
Top StoriesLatest NewsMarketsCrops

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…
Top StoriesLatest NewsAg Business

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…
Top StoriesLatest NewsAg Business

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…
Latest NewsAg Business

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…
Top StoriesLatest NewsAg BusinessCrops

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…
Top StoriesLatest NewsAg Business

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…
Top StoriesLatest NewsAg Business

Living in a Confident Land Market

Published October 7, 2019

Despite the downturn in the agricultural economy, farmland values in the Northern Plains are holding steady. Pifer’s Auction and Reality President Kevin Pifer describes the scenario as a “confident land market” for both pasture and crop land. There is a…
Top StoriesLatest NewsMarketsAg Business

Interest Remains Strong for Quality Farmland

Published September 12, 2019

"Resilient" is the word Brent Qualey uses to describe the current land market. "We could think of a hundred different reasons why land prices should be down, such as commodity prices and tariffs, but we have found over the last…
Top StoriesLatest NewsMarketsAg Business
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