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The Minnesota chapter of the American Society of Farm Managers and Rural Appraisers releases its annual report of price trends for farmland prices and rents for 2021, which shows an upward trend, especially in the south and areas with sugarbeets.
The North Dakota chapter of the North Dakota chapter of the American Society of Farm Managers and Rural Appraisers, releases its annual report of the actual “arms-length farmland sales its members worked on for clients. Non-irrigated cropland sales rose by 28%, exceeding the 2013 record 7.4% or by $219 per acre. Cropland rental rates were up, but are expected to hold steady in 2022