Statewide agricultural land values from 3,243 arms-length market sales in North Dakota between 2001 and 2004 were 6 percent higher than estimates derived from the June Agricultural Survey (JAS) of National Agricultural Statistics Service (NASS), and 9 percent higher than values from the North...

Hedonic price modeling of 1,951 non-pasture agricultural land sales across North Dakota indicates that land enrolled in the Conservation Reserve Program (CRP) sold for 14 percent less than otherwise similar cropland over the 2000 to 2004 time period. This price discount is assumed to result from...