Trends in 1980 Farmland Values

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Date

1981

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North Dakota State University

Abstract

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Trends in North Dakota farmland values continued upward In 1980, despite earlier reports which Indicated values would decline due to adverse weather and prices. The state farmland average value for land and buildings on November 1 was $433 an acre, up 518 or 4.3 per cent from the previous year. This report presents average values for pasture and cropland by eight farming areas, and reports figures by characteristics of buyers, sellers, and tracts sold.

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