At the highest levels ever…will farmland values stabilize in 2023?

GRAND FORKS, N.D. - Farmland values in most of eastern North Dakota and northwest Minnesota have hit the highest levels ever. “The record levels through this spring were fueled by USDA’s projected record high 2022 net farm income,” said Jayson Menke, Acres & Shares farmland broker. “The extra cash on hand has limited the impact of recent interest rates hikes on land values...

Premium Content is available to subscribers only. Please login here to access content or go here to purchase a subscription.