North Dakota cropland values make double digit gains while rents increase

Sustained high commodity prices have pushed cropland prices higher across North Dakota, increasing 10.9% from 2021 to 2022. However, the statewide cash rental rate increase was much lower at approximately 3.1%, says Bryon Parman, North Dakota State University Extension agricultural finance specialist.

The 2021 survey conducted by the North Dakota Department of Trust Lands found online at www.land....