Agricultural and Biological Sciences
8 years ago

Farmland rental rates plummet in North Dakota, impacting agricultural economy.

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North Dakota farm research
Trends in Farmland Rents in 1986
Jerome E. Johnson

Paper Summary

Farmland rental rates in North Dakota changed significantly in 1986 due to new agricultural conditions. Rental rates dropped after years of stability, and land values decreased by 39% since 1981. The main focus was on cash rentals, crop-share, and cash/crop-share leases.

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