Minnesota Land Values By County 2024. In 2022, the value of ag land per acre for minnesota was $5,457, higher than the previous peak in 2014 ($5,413). The farm with the highest.
03/08/24 crop production (march 2024) 02/13/24 2022 census of agriculture (february 2022) 02/08/24 crop production (february 2024) 01/31/24 cattle (january 2024) 01/12/24 crop production (january 2024) While it’s still too early to say,.
Faribault, $15,100, Up 83% From 2020’S High;
Based on southern minnesota farm business management records, the average total direct cost in 2022 for seed, fertilizer, chemicals, fuel, etc.
Each Year, The Department Of Revenue Reports To The.
Those are based on sales that occurred from october 1, 2021, through september 30, 2022.
This Represents An Increase Of $5,140 Per Acre.
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There Is No Other Data For Other Parts Of The State.
This follows a 12% increase in 2021.
Southwest Minnesota Farmland Values Increased 14.7% In 2023 Supply And Demand Will Determine This.
Using the minnesota department of revenue’s time trend formula, the value of that land increased to $21,061 per acre on the 2024 valuation notice.
In 2022, The Value Of Ag Land Per Acre For Minnesota Was $5,457, Higher Than The Previous Peak In 2014 ($5,413).