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South Dakota Agricultual Land Values And Rental Rates: 1992, Larry Janssen
South Dakota Agricultual Land Values And Rental Rates: 1992, Larry Janssen
Economics Research Reports
South Dakota's agricultural land values increased 3.4% in 1991, paced by strong increases in farmland values in the north central region. Farmland values declined slightly (-1.1%) in the southeast region, the only region with reported declines. Average agricultural land values (as of February 1, 1992) vary from $533 per acre in the southeast region, to $225 per acre in the central region to $95 per acre in northwest South Dakota. These are key findings from the SDSU 1992 South Dakota Farm Real Estate Market Survey reports. In each region, per acre values are highest for irrigated land, followed in descending …