FARGO, N.D. — North Dakota farmland sale values declined by 3 percent in 2017, following 8 and 9 percent annual declines for the prior two years, respectively, according to an annual ag land survey.
Ag land prices in the Red River Valley on the eastern side of the state declined by 9 percent in 2017, while values elsewhere ranged from declines of 2 percent to increases of 3 percent, the report from North Dakota Chapter of the American Farm Managers and Rural Appraisers said.