South Dakota Farmland Values Declined in First Half of 2017

 

South Dakota farmland values inched down 1.8% in the first six months of 2017, according to a Farm Credit Services of America’s midyear benchmark survey. The average price per acre was $4,000. The number of public land auctions dropped 29% compared to the same period a year ago. “No sale” at auctions increased to 5.4%, up from 3.9% for the first half of 2017.

 

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