Cash rental rates for South Dakota non-irrigated pasture/rangeland continued to appreciate in 2014 according to results from a farm real estate survey conducted by agricultural economists at South Dakota State University.
The 2014 average cash rental rate for South Dakota non-irrigated pasture/rangeland was $28.40 per-acre; an increase of $1.75 per-acre or 6.6% from last year. This percentage increase was smaller than reported increases from the past three years. For example, annual increases of 17.9, 9.2, and 11.3% were reported in 2013, 2012, and 2011, respectively."What You Need To Know About South Dakota Agricultural Law"