Advanced Search
MyIDEAS: Login

TRENDS Historical and Recent In South Dakota’s Agricultural Land Market

Contents:

Author Info

  • Yonas Hamda

    ()
    (Department of Economics, South Dakota State University)

  • Burton Pflueger

    (Department of Economics, South Dakota State University)

  • Larry Janssen

    (Department of Economics, South Dakota State University)

Abstract

Long-term (20th century) and recent (1991–2003) trends in South Dakota’s agricultural land values are the main topics of this report. It is written for farmers and ranchers, landowners, agricultural professionals (lenders, rural appraisers, Extension educators, and agribusiness persons) and policymakers interested, for various decision- making purposes, in agricultural land market trends. Topics covered in the first section are: (1) historical trends in South Dakota farm real estate values from 1910 to 2000, and (2) the distribution of current agricultural land use by region. The remaining sections are focused on trends in agricultural land values and cash rental rates from 1991 through 2003. Trends in per-acre values and rental rates of agricultural land (non-irrigated cropland, hayland, and rangeland) from 1991 to 2003 are presented in figures 3 through 9 of section two. Trends in per-acre land values by land use, statewide and regional, are displayed in figures 10 through 18 of section three. A brief description of key findings for each figure is also given. The data on historical land values for South Dakota from 1910 through 2000 were obtained from the U.S. Department of Agriculture (USDA) series on farm real estate values. Agricultural land value and cash rental rate data from 1991 to 2003 (see tables 1 and 2) were used to create figures 3 through 18. These data originated as survey responses to the annual South Dakota Farm Real Estate Market survey conducted by the SDSU Economics Department. Farm real estate values in the USDA historical data series include the value of all agricultural land and farm buildings, while the more recent SDSU data series does not include the value of farm buildings.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://pubstorage.sdstate.edu/AgBio_Publications/articles/EC918.pdf
Download Restriction: no

Bibliographic Info

Paper provided by South Dakota State University, Department of Economics in its series Research Reports with number 200304.

as in new window
Length: 30 Pages
Date of creation: Sep 2003
Date of revision:
Handle: RePEc:sda:rerepo:200304

Contact details of provider:
Postal: Box 504, Scobey Hall, Brookings, SD 57007-0895
Phone: 605-688-4141
Fax: 605-688-6386
Web page: http://www.sdstate.edu/econ/
More information through EDIRC

Related research

Keywords: Agricultural Land; farmland; Cropland; Land Ownership; Land leasing; Land Use; Landownership;

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:sda:rerepo:200304. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (David Davis).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.