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Published September 19, 2013, 05:58 PM

Farmland costs keep going up

Fargo, ND (WDAY TV) - The cost of farmland keeps going up.

By: WDAY Staff Reports, WDAY

Fargo, ND (WDAY TV) - The cost of farmland keeps going up.

A new report shows the average value of farm real estate in North Dakota is at $1,690 per acre.

That's a 36% increase over last year. North Dakota saw the biggest jump in farmland value in the U.S.

However, Iowa reported the highest value of land at $8,400 an acre.

The study was conducted in June by the US Department of Agriculture.

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