South Dakota farmland values soar, impacting buyers and sellers.
The 2012 SDSU Farm Real Estate Market Survey in South Dakota shows trends in agricultural land values and rental rates from 1991 to 2012. Factors influencing buyer/seller decisions and positive/negative factors impacting farmland markets are discussed. The survey findings provide detailed information for farmland owners, renters, appraisers, lenders, and buyers in South Dakota.