Lower-Quality Land Values Decline In South Dakota

Location and quality are key drivers of land prices in North Dakota, South Dakota and Minnesota, according to Farmers National Co.

“Good-quality farmland normally sells well, as will recreation properties in the right locations. But lower quality farmland saw a decline this past year,” he said in a statement that was part of Farmers National’s mid-season outlook on land values. “We are starting to see increasing signs of financial stress among farmers approaching some of what we saw in the ’90s.”

Read More

Post A Comment