North Dakota

North Dakota Pastureland Values and Rental Rates Continue Upward Trend

Published

2 years ago

May 8, 2024

North Dakota Pastureland Values and Rental Rates Continue Upward Trend

From 2023 to 2024, statewide average pastureland values increased 6.63% from $1,273 per acre to $1,355 per acre. This marks the fourth consecutive year that pastureland values have increased since 2021 averaging an annual increase of 6.9% per year during that span. (Photo: USFWS Midwest Region, Public Domain)

FARGO, N.D. — 2024 marks the fourth year in a row that pastureland values in North Dakota have increased, says Bryon Parman, North Dakota State University (NDSU) Extension agricultural finance specialist.

Pastureland cash rental rates edged up in 2024 as well increasing just over 4% to a statewide average of just over $23 per acre. This is according to the North Dakota Department of Trust Lands Annual Land Survey data which has been weighted for this article by county acreage count and put into NDSU Extension regions. The original survey data can be found at: https://www.land.nd.gov/resources/north-dakota-county-rents-prices-annual-survey. The NDSU regions do not include values for the southern Red River Valley, northern Red River Valley, or Northeast regions due to very low numbers of reported pastureland rental rates or sales values. Also, single year variation may not reflect actual conditions. It is more useful to look at trends or multi-year movements.

Much like cropland prices in North Dakota, pastureland values have grown significantly faster than cash rental rates for pastureland. From 2014 through 2024, statewide pastureland prices increased at an annual rate of approximately 5%. However, during that same time pastureland interest rates increased at around 2.2% per year or less than half that of pastureland values.

“As of 2024, the rent-to-value rate for pastureland, where the cash rental rate is divided by the land value to estimate a rate of return, was down to 1.7%,” says Parman. “That is essentially saying that, before accounting for management fees or property taxes, the return to pastureland in North Dakota is 1.7%. When those factors are also considered, the return is significantly lower. To put that into historical perspective, as of 1990, the rent-to-value for pastureland was approximately 7% showing that over the last 35 years, pastureland values have greatly outpaced rental rates.”

Parman adds, “Like cropland prices responding to crop commodity prices, pastureland prices, and rental rates do respond to cattle prices as well. However, there are nuances and variables that impact pastureland prices differently. For one thing, with crops, a multi-year drought can be overcome more quickly than pasture, as it can take years of additional rainfall to repair damaged rangeland, especially if it was overgrazed during the drought period. Also, following years of drought, cattle may be sold off such that when pastureland has recovered, there are fewer beef cattle inventories and therefore less grazing land needed in the short run. Pastureland can also be highly regionalized such that in areas there are more cattle, those areas command relatively higher rents than areas with fewer cattle, even if areas with fewer cattle would be more productive. Pastureland is also tied to cropland prices in that, even if livestock prices aren’t all that favorable, rising cropland prices can pull pastureland prices up with them.”

“Moving forward, with this spring looking favorable for forage production on range land in North Dakota, and strong beef cattle prices, it is reasonable to expect pastureland values to continue the trend of increasing in value into next year,” Parman says. “Additionally, if strong beef cattle prices continue and inventories increase from their historical low to start 2024, pastureland rental rate increases could pick up over the next few years.”

— NDSU Extension

Source link

North Dakota

Uelmen scores 41 as North Dakota thumps Denver 83-67 in Summit League Championship quarterfinal

Published

7 hours ago

March 7, 2026

Press Room

Uelmen scores 41 as North Dakota thumps Denver 83-67 in Summit League Championship quarterfinal

SIOUX FALLS, S.D. (AP) — Freshman Greyson Uelmen finished with a season-high 41 points to lead North Dakota to an 83-67 victory over Denver on Friday night in the quarterfinals of the Summit League Tournament.

No. 3 seed North Dakota moves on to play No. 2 seed St. Thomas-Minnesota in a Saturday semifinal. No. 1 North Dakota State plays No. 5 seed Omaha in the other semifinal.

Uelmen made 13 of 19 shots with three 3-pointers and 12 of 18 free throws, adding three steals for the Fightin’ Hawks (17-16). Eli King scored 20 points, going 7 of 17 (5 for 9 from 3-point range).

Carson Johnson led the way for the Pioneers (15-17) with 17 points. Jeremiah Burke added 13 points and Shaun Wysocki scored 11.

Uelmen had 19 points in the first half as North Dakota took a 42-29 lead into the break.

___

The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.

Source link

North Dakota

Top prospect decommits from North Dakota, considering Michigan State

Published

19 hours ago

March 6, 2026

Press Room

Top prospect decommits from North Dakota, considering Michigan State

Recruiting never stops in the world of college hockey, and that trend has continued for Michigan State. A huge prospect has just re-opened his recruitment, and is back on the market, and the Spartans are in the thick of it.

Carson Pilgrim, a 5-foot-11 and 185 pound forward form Warroad (MN) has decommitted from North Dakota. The current Tri-City Storm star has the attention of many across the country, including MSU.

The Spartans have been listed alongside St. Cloud State and Colorado College as schools pursuing the top USHL prospect. He more than certainly will be donning a college sweater next year and Adam Nightingale wants it to be in the green and white.

Pilgrim has 16 goals and 19 assists in 42 games in the USHL this season.

Contact/Follow us @The SpartansWire on X (formerly Twitter) and like our page on Facebook to follow ongoing coverage of Michigan State news, notes and opinion. You can also follow Cory Linsner on X @Rex_Linzy

Source link

North Dakota

ND Division A state girls: Thompson survives upset bid, Kindred edges Hazen

Published

1 day ago

March 6, 2026

Press Room

ND Division A state girls: Thompson survives upset bid, Kindred edges Hazen

JAMESTOWN, N.D. — The No. 2 seed Thompson Tommies survived an upset scare by defeating the No. 7 seed Rugby Panthers 39-36 on Thursday, March 5, in the quarterfinals of the North Dakota Division A girls basketball state tournament at the Jamestown Civic Center.

With 16 seconds left in the game and down 39-36, Panthers coach Jen Brossart drew up one final play in an attempt to send the game to overtime. Strong defense from the Tommies formed a cluster of players at the top of the arc, and as time expired, Panthers guard Avery Santjer put up a falling-away 3-point attempt that came up short, giving the quarterfinal victory to Thompson.

Addison Sage had 15 points to lead Thompson with Kya Hurst chipping in 11. Santjer led Rugby with 13.

Burchill’s double-double leads Valley City to win

Valley City junior forward Katie Burchill scored a 23-point double-double with 18 rebounds to lead the Hi-Liners to a 64-44 quarterfinal victory over Devils Lake on Thursday.

Valley City outscored Devils Lake 21-6 in the third quarter to take a commanding lead.

Presley Brown and Tylie Brodina each scored 12 for the Firebirds.

Burchill and sophomore forward Skye Nelson also recorded nine of Valley City’s 12 blocks.

Rylee Routledge (1) of South Prairie-Max stares down Watford City’s Lohgan Hanna on Thursday, March 5, during the 2026 NDHSAA Division A Girls Basketball State Tournament at the Jamestown Civic Center.

John M. Steiner / The Jamestown Sun

South Prairie-Max runs past Watford City

South Prairie-Max scored a 50-point victory over Watford City, winning 75-25 on Thursday in the quarterfinals behind 19 points from Skotti Beck.

Mya Gunville added 12 points and Brianna Rose 11 for South Prairie-Max.

Lohgan Hanna led Watford City with nine points.

Trenbeath, Kindred squeak by Hazen

Liza Trenbeath’s 27 points paced No. 4 seed Kindred to a 56-54 win over No. 5 Hazen in Thursday’s quarterfinals.

Siera Nipstad chipped in 19 points and six rebounds as the Vikings (20-5) advanced to Friday’s state semifinals against top-seeded South Prairie-Max (24-1). Tipoff is set for 8:15 p.m. at the Jamestown Civic Center.

Kindred shot 22 of 51 (43.1%) from the field to Hazen’s 19 of 41 (46.3%)

Our newsroom occasionally reports stories under a byline of “staff.” Often, the “staff” byline is used when rewriting basic news briefs that originate from official sources, such as a city press release about a road closure, and which require little or no reporting. At times, this byline is used when a news story includes numerous authors or when the story is formed by aggregating previously reported news from various sources. If outside sources are used, it is noted within the story.

Source link