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Farmland values hold steady in US Plains

November 14, 2014 in Uncategorized

By Christine Stebbins

CHICAGO — Farmland prices in the U.S. Corn Belt and central Plains were mostly steady in the third quarter, but weakness was likely before year-end as farmers absorb the impact of five-year lows in grain prices, regional Fe…continue reading on mitchellrepublic.com

AG WEEK: The ugly truth about cash rents

November 12, 2014 in Uncategorized

Modern agriculture likes to present a unified public front in which earnest farmers stress their solidarity and good intentions. Sometimes I half expect them to break into a chorus of “Kumbaya.”

That’s especially true when it comes to land…continue reading on mitchellrepublic.com

Land values, rental rates increasing as crop prices fall

August 13, 2014 in Uncategorized

Crop prices have plunged, but cropland values and rental rates continue to rise, a new report says.

The average rental rate for U.S. non-irrigated farmland is $130 per acre, $5 more than a year ago, and the average price of U.S. cropland is $4,100…continue reading on mitchellrepublic.com

South Dakotans eligible for part of bad mortgage settlement

June 18, 2014 in Uncategorized

PIERRE (AP) — More than 100 South Dakota borrowers will be eligible to receive a small portion of a nearly $1 billion settlement that a Virginia-based company has agreed to with the federal government in order to resolve allegations that it provide…continue reading on mitchellrepublic.com

South Dakotans eligible for part of bad mortgage settlement

June 18, 2014 in Uncategorized

PIERRE (AP) — More than 100 South Dakota borrowers will be eligible to receive a small portion of a nearly $1 billion settlement that a Virginia-based company has agreed to with the federal government in order to resolve allegations that it provide…continue reading on mitchellrepublic.com

Sisseton-Wahpeton enters land buyback program

April 8, 2014 in Uncategorized

By Regina Garcia Cano

SIOUX FALLS (AP) — The Sisseton-Wahpeton Oyate Tribe has agreed to enter a federal land buyback program that aims to help Native American tribes purchase parcels of reservation land that are owned by multiple people.

T…continue reading on mitchellrepublic.com

Davison County officials deride ag-valuation bill

February 26, 2014 in Uncategorized

A bill in the South Dakota Legislature that would change the definition of agricultural land for tax purposes did not get Davison County’s stamp of approval Tuesday.

County Commission Chairman John Claggett called the legislation “lunacy.”

Duri…continue reading on mitchellrepublic.com

Davison County officials deride ag-valuation bill

February 26, 2014 in Uncategorized

A bill in the South Dakota Legislature that would change the definition of agricultural land for tax purposes did not get Davison County’s stamp of approval Tuesday.

County Commission Chairman John Claggett called the legislation “lunacy.”

Duri…continue reading on mitchellrepublic.com

New definition of agricultural land caught in a deadlock in state House

February 19, 2014 in Uncategorized

PIERRE — Legislation needs at least a simple majority of 36 yes votes to pass in the state House of Representatives.

The proposed new definition for classifying property as agriculture land received 35 Tuesday.

The next move is up to Rep….continue reading on mitchellrepublic.com

Rapid City residential real estate strong in 2013

February 9, 2014 in Uncategorized

RAPID CITY (AP) — Officials say residential real estate sales in the Rapid City area boomed in 2013.

The Black Hills Association of Realtors says more houses were sold at higher prices in 2013 than any of the previous five years.

The Rapid …continue reading on mitchellrepublic.com