Farmland tops $3,000 an acre in southeast SD
Source: KXNet.com
March 31, 2008
AP-SDLand Values,0100 Farmland tops $3,000 an acre in southeast SD Eds: APNewsNow.
SIOUX FALLS, S.D. (AP) The value of cropland has topped $3,000 an acre in five counties in southeast South Dakota.
Topping the list is Minnehaha County, where nonirrigated farmland is valued at an average of $3,862 an acre.
The report from the Agricultural Statistics Service is based on producer surveys taken this year.
Other top five counties are Lincoln at $3,593 an acre, Moody at $3,221, Union at $3,138, and Lake at $3,074.
The highest rental rates for cropland were $133 an acre in Moody County, $130 in Lincoln, and $125 in Union.
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