Apr 19, 2014
Home| Contact Us| Sign UpLogin

Your Precious Land

RSS By: Mike Walsten, Pro Farmer

Mike Walsten has covered major business trends in agriculture for more than 35 years.

South Dakota Land Values Surge 16.5%

Jun 24, 2011

Mike Walsten

The value of South Dakota agricultural land rose 16.5% in 2010 reports the annual South Dakota State University Farm Real Estate Market Survey. The surge is the third highest annual rate of increase since 1991, say report authors Dr. Larry Janssen and Dr. Burton Pflueger. From 2001 to 2008, ag land values in the state rose more than 10% each year, including more than 20% in two years (2004 - 2005 and 2007 - 2008). From 1991 to 2000 and from 2008 to 2010, annual increases varied from 4% to 9%.

The survye found the value of cropland posted the strongest percentage increase, which increased statewide by 17.7% compared to increases of 15.2% for hayland and 13.1% for rangeland. The strongest increase in land values (about 15% for most land uses) occured in the east central, southeast and south central region.

Click here for the full report.

If interested in seeing a copy of LandOwner, just drop me an email at landowner@profarmer.com or call 800-772-0023.

Log In or Sign Up to comment


No comments have been posted, be the first one to comment.

Information to help you                   make great decisions

Land management

Track your local input prices.

Risk management strategies


Complete list of Pro Farmer services

More Than A Newsletter


LandOwner Newsletter Archives
Pro Farmer Washington Report Archives
Pro Farmer Annual Land Report Archives
Pro Farmer Grain Report Archives
Pro Farmer Newsletter Archives
Pro Farmer Tax Report Archives
Crop Tour Newsletter Archives
* Login or signup to access newsletters.