![]() ![]() ![]() This is a big area, from Rolette and Sheridan counties and west to McKenzie and Divide counties. Northwest/central - Cropland prices were up 18 percent in 2013, after annual jumps of 45 and 23 percent in the previous two years. In that region, Morton County posted the top non-irrigated cropland price per acre at $3,310, but an average of $2,299. These are counties west of the Missouri River and south from Dunn and Golden Valley counties. Southwest - Reported sale prices increased 21 percent, after annual increases of 35 and 31 percent the previous two years. The report title - Agricultural Land Price and Cash Rent Survey - has changed to drop the word land “value” because the report is simply a price index from actual sale data. The previous reports have also included Minnesota figures in the Red River Valley, which have dropped this year, according to a group spokesman. ![]() This year’s report is different from past years. “The Red River Valley indicates the lowest change at an 11 percent increase, while the northeast counties indicate the largest increase at 24 percent higher than 2012 prices,” the report says. The index had increased 32 percent and 45 percent in the previous two years. That’s a healthy increase but only “moderate” compared with a 39 percent increase index the previous year, according to the state chapter of the American Society of Farm Managers and Rural Appraisers. FARGO - An annual index of farmland values increased 17 percent in North Dakota in 2013, according to an annual report by a state land appraisers group. ![]()
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