North Dakota cropland values up significantly while cash rents see modest gains

North Dakota cropland values increased 11.59% heading into the spring of 2024, marching upward from 2,863 per acre to 3,174 per acre, says Bryon Parman, North Dakota State University (NDSU) Extension agricultural finance specialist.This represents the third year in a row where North Dakota cropland values have increased more than 10%. The increase follows cropland values appreciating 10.92% and…