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1977•NDSU Repository (North Dakota State University)Requires access

1976 Farmland Market Study

Jerome E. Johnson

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Abstract

The annual North Dakota farmland market study reported a December, 1976, average value of land and buildings of $325 per acre. This represents a 14 per cent increase over 1975 study results. Estimated average values of crop and pastureland are reported by State Economic Areas. Characteristics of buyers, sellers, and of the tracts sold were examined. Farm expansion continued as the dominant force in the North Dakota farmland market in 1976.

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The annual North Dakota farmland market study reported a December, 1976, average value of land and buildings of $325 per acre. This represents a 14 per cent increase over 1975 study results. Estimated average values of crop and pastureland are reported by State Economic Areas. Characteristics of buyers, sellers, and of the tracts sold were examined. Farm expansion continued as the dominant force in the North Dakota farmland market in 1976.

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Available abstract

The annual North Dakota farmland market study reported a December, 1976, average value of land and buildings of $325 per acre. This represents a 14 per cent increase over 1975 study results. Estimated average values of crop and pastureland are reported by State Economic Areas. Characteristics of buyers, sellers, and of the tracts sold were examined. Farm expansion continued as the dominant force in the North Dakota farmland market in 1976.

Key concepts: Acre, Agricultural economics, Market value, Value (mathematics), Crop, Geography, Land Values, Agricultural science

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