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Index: ND land price increase slows

February 3, 2014 in Uncategorized

FARGO — An annual index of farmland values increased 17 percent in North Dakota in 2013, according to an annual report by a state land appraisers group.
That’s a healthy increase but only “moderate” compared with a 39 percent increase index …continue reading on thedickinsonpress.com

Land sale sets new record in Nobles County

August 22, 2013 in Uncategorized

WORTHINGTON — The sale of one parcel of agricultural land in Worthington Township on Tuesday set a new record high in Nobles County.The winning bidders, Todd and Lorna Kruger of Sibley, Iowa, paid $13,000 per acre for the 156.8-acre parcel of tillab…continue reading on dglobe.com

GUEBERT: Crop insurance pushing land prices ‘to the moon’

December 20, 2012 in The Daily Republic

Many ingredients go into the rocket fuel that pushes land values and rents to the moon: commodity prices, aggressive local farmers, excess machinery capacity, cheap labor, low interest rates, federal farm program benefits. A new, major ingredient, however, is federal crop insurance. Continue Reading

Fed regulators watch farm banks as soaring land prices draw bubble concern

October 7, 2011 in The Daily Republic

WASHINGTON When regulators come knocking at the Bank of Newman Grove, Neb., inquiring about loan risks, Chairman Jeffrey Gerhart has a “stress test” ready to show how his portfolio would fare if rural land prices dropped 25 percent. Or 50 percent. Or 75 percent. Continue Reading