The following is portion of an article from HayandForage.com:
Non-irrigated hay land values increased slightly in South Dakota in 2014, according a farm real estate survey conducted by ag economists at South Dakota State University (SDSU).
The 2014 average value of non-irrigated hay land in the state was $2,458/acre, up from 2013’s average of $2,285/acre.
The $173/acre land value improvement amounted to a 7.6{0a3336b3da8cf935de4f3eb78fe29508c4b8b5ebd27d01af2d815614325d533e} increase over last year’s total. The rate of increase was slower than the previous three years’ increase — a 30{0a3336b3da8cf935de4f3eb78fe29508c4b8b5ebd27d01af2d815614325d533e} rise in 2013, 28{0a3336b3da8cf935de4f3eb78fe29508c4b8b5ebd27d01af2d815614325d533e} in 2012 and 15{0a3336b3da8cf935de4f3eb78fe29508c4b8b5ebd27d01af2d815614325d533e} in 2011.
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Source: HayandForage.com
Posted by Haylie Shipp
