N.D. cropland values up significantly while cash rents see modest gains

North Dakota cropland values increased 11.59% heading into the spring of 2024, marching upward from $2,863 per acre to $3,174 per acre, says Bryon Parman, North Dakota State University (NDSU) Extension agricultural finance specialist.

This represents the third year in a row where North Dakota cropland values have increased more than 10%. The increase follows cropland values appreciating 10.92% and...