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North Dakota Land Prices Rise Faster Than Cash Rents

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Sustained excessive commodity costs have pushed cropland costs larger throughout North Dakota, growing 10.9% from 2021 to 2022. Nonetheless, the statewide money rental fee improve was a lot decrease at roughly 3.1%, says Bryon Parman, North Dakota State College Extension agricultural finance specialist.

The 2021 survey performed by the North Dakota Division of Belief Lands reveals rents had elevated solely 0.77% from 2020 to 2021 and land values had been up 1.74% throughout the identical time interval. In actual fact, from 2015 although 2021, rents and values throughout North Dakota had principally remained flat, and even declined to some extent, when inflation changes had been made to the yearly reported charges, says Parman.

“The very best improve in land values statewide from 2015 to 2021 was only one.74% with 2015, 2016, 2017 and 2018 all displaying small declines in statewide common land values,” Parman provides. “We now have to return to 2014, the place land costs elevated 8.5%, to search out a rise as excessive as that proven from 2021 to 2022.”

Statewide cropland rental charges had been reluctant to extend on the identical fee as values. With charges growing 3.1%, we want solely return to the interval from 2018 to 2019 to discover a comparable improve the place throughout that interval, statewide common charges elevated 3.61%, he provides.

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Source: NDSU Extension

 

With important decreases in rental charges in 2016 and 2018 and a slight lower in 2020, the three.1% improve from 2021 to 2022 primarily helps maintain charges regular statewide during the last seven years. If accounting for inflation, rental charges in “actual {dollars}” have declined considerably in comparison with the place they had been in 2015.

With respect to land values, six NDSU Extension areas noticed double-digit good points in land values. The very best regional improve for 2022 occurred within the southeast the place land values elevated 22.25%. The following highest was the east-central area, growing 17.22%. The northwest, northeast and southwest areas all elevated between 11% and 12%. The north-central, north Purple River Valley and south Purple River Valley all elevated between 6% and seven% whereas the south-central NDSU area elevated the least at almost 5%.

The south Purple River Valley stays the costliest farmland at $4,521 per acre on common. The second costliest areas stay the southeastern NDSU Extension area and the north Purple River Valley area. The least costly areas stay the northwest area and the north-central NDSU Extension areas.

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Rental fee will increase had been a lot smaller with three NDSU areas close to or under a 0% improve and no areas growing greater than 5%. The most important improve in money rents occurred within the north-central, southwest and southeast areas, all growing almost 5%. The south-central and south Purple River Valley areas each elevated roughly 3.5% whereas the northeast elevated 2.85%. Nonetheless, the north Purple River Valley elevated solely 0.6% whereas the east-central didn’t improve in any respect. The northwest really decreased 1.1%, Parman says.

The very best cropland rental charges stay within the south Purple River Valley area at a median of $132.80 per acre with the southeast and the north Purple River Valley coming in second and third at $99.30 and $92.60 per acre, respectively. The bottom charges stay within the northwest at $34.60 per acre and the southwest at $38.90 per acre. The remaining areas sit at $54-70 per acre.

“Whereas excessive commodity costs and maybe inflation seem to have pushed up the value of farmland, it additionally seems that prime manufacturing prices and presumably the flexibility to safe new or used gear has muted a rise in rental charges,” Parman says. “Certainly, low rates of interest, and robust internet farm incomes in 2020 and particularly 2021 have inspired farmers to pay extra for farmland coming in the marketplace.”

“Land consumers even have the fairness and time element on their facet and are keen to miss excessive manufacturing prices for a yr or so,” Parman provides. “Nonetheless, potential renters should give attention to what’s going on this yr, and there seems to be a reluctance to pay considerably extra in money rents than was paid from 2020 to 2021. Moreover, 2022 will probably be following a drought over a lot of North Dakota, limiting the urge for food for paying larger rents. Nonetheless, the 2021 drought doesn’t seem to have been sturdy sufficient to negate the influence of excessive commodity costs and low rates of interest influence on land values.”


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North Dakota

Consecutive Fargo motorcycle crashes leave 1 man dead

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Consecutive Fargo motorcycle crashes leave 1 man dead


FARGO — Two consecutive motorcycle crashes in Fargo left one driver dead late Saturday, June 29, press releases from the North Dakota Highway Patrol and Fargo Police Department said.

According to the North Dakota Highway Patrol, a 19-year-old Wahpeton man was riding a motorcycle at 8:28 p.m. eastbound on 55th Avenue South from 38th Street South, near Walmart, in Fargo. The man lost control of the motorcycle and struck a curb, then was ejected from the motorcycle and struck a light pole.

The Fargo Police Department, Fargo Fire Department and medical personnel treated the injured man before he was taken to Essentia Health in Fargo, where he died from his injuries.

To avoid the first crash, a second motorcyclist, another 19-year-old Wahpeton man, took evasive action and overturned, the Highway Patrol said. His injuries were not considered to be life-threatening.

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Both motorcyclists were wearing helmets, the Highway Patrol said.

The North Dakota Highway Patrol and Fargo Police Department continue to investigate the crashes.

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.





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North Dakota

Ward County pursuit ends in crash

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Ward County pursuit ends in crash


WARD COUNTY (KFGO) – A North Dakota State Trooper attempted to stop a pickup truck for a traffic violation on Highway 2 near mile marker 142. The pickup fled from the trooper along with Ward County deputies and initiated a pursuit. 

The pickup exited Highway 2 and drove west on Ward County Road 12, then turned south onto 156th Street SW. A Ward County deputy successfully spiked the pickup just north of Ward County Road 14 on 156th Street SW. The pickup drove south across Ward County Road 14 and entered a field. Law enforcement set up a perimeter around the field. Law enforcement located the pickup approximately 1⁄2 mile south of Ward County 14 in the field where the pickup struck a large stack of round bales. 

The driver, a 45-year-old man from New Town, ND was not wearing a seatbelt. He sustained serious injuries and was transported to Trinity Hospital in Minot. The driver was charged with driving under suspension, fleeing a peace officer, and aggravated reckless driving. 

The passenger, a 45-year-old woman from Stanley, ND was not wearing a seatbelt. The woman sustained serious injuries and was transported to Trinity Hospital in Minot. Names will be released at a later date. 

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This incident remains under investigation by the North Dakota Highway Patrol.



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A chance to bring term limits back to life – The Boston Globe

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A chance to bring term limits back to life – The Boston Globe


Of course, there is a surefire way to guarantee more turnover in Congress: term limits. Imposing a hard cap on how long senators and representatives can retain their seats wouldn’t prevent scoundrels, zealots, and incompetents from getting elected. It would keep them from becoming entrenched in power. It would make congressional elections more competitive, more responsive, and more meaningful. It would encourage more good and talented people to run for office. And it would decrease the influence of lobbyists, whose clout depends on ties to long-time incumbents.

There is little about politics today on which Democratic and Republican voters agree, but the desirability of congressional term limits has long been an exception.

The Pew Research Center last fall measured public support for a number of proposed reforms, including automatic voter registration, expanding the Supreme Court, and requiring a photo ID to vote. By far the most popular proposal was a limit on the number of terms members of Congress can serve. An overwhelming 87 percent of respondents favored the idea. Similarly, researchers at the University of Maryland’s School of Public Policy, who have studied public attitudes on this issue since 2017, report that very large majorities of Republicans, Democrats, and independents consistently back term limits.

If congressional term limits command such widespread bipartisan regard, why don’t they exist?

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Actually, they used to. A wave of citizen activism in the early 1990s led 23 states, comprising more than 40 percent of all the seats in Congress, to enact laws limiting the terms of senators and representatives. But in 1995, a sharply divided Supreme Court ruled in US Term Limits v. Thornton that neither the states nor Congress may add to the conditions for serving in Congress. In a 5-4 decision, the court ruled that inasmuch as the Constitution did not set a maximum number of terms for senators and representatives, states cannot do so either.

The dissent, written by Justice Clarence Thomas, was strong.

“Nothing in the Constitution deprives the people of each State of the power to prescribe eligibility requirements for the candidates who seek to represent them in Congress,” he observed. “The Constitution is simply silent on this question. And where the Constitution is silent, it raises no bar to action by the States or the people.”

At the time, the court’s ruling had the effect of nullifying congressional term limits in all the states that had adopted them. But nearly 30 years later, might the issue get a second look?

Maybe.

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On June 11, North Dakota voters handily approved an amendment to the state constitution imposing an age limit on candidates for Congress. The new measure disqualifies anyone from running for the House or Senate if they would turn 81 before the term ends. Under the 1995 decision, the North Dakota law is unconstitutional, since it imposes an eligibility requirement to serve in Congress that isn’t in the Constitution. So it is widely assumed that the law will be challenged in federal court. Federal judges are bound by Supreme Court precedent, so the law will presumably be struck down by the district court, and that decision will be affirmed by the court of appeals.

But that would set up an appeal to the Supreme Court, providing an opportunity to revisit the issue — and perhaps overturn US Term Limits v. Thornton. Of the justices who were on the court in 1995, the only one still serving, as it happens, is Thomas. Another of the current justices, Neil Gorsuch, co-authored a 1991 law review article defending the constitutionality of term limits.

It might seem odd that a challenge to North Dakota’s congressional age limits law could conceivably open the door to undoing a Supreme Court precedent dealing with term limits. But the underlying issue is the same in both cases: whether the people in each state have the right to set the rules for gaining access to their ballot and representing them in Congress.

There is good reason for the public’s unflagging support for limiting congressional terms. Because the advantages of incumbency are so powerful, it has become incredibly difficult to dislodge a sitting member of Congress. US presidents, most governors, and mayors of many of the country’s largest cities are term-limited. Most Americans, across the political spectrum, have steadfastly believed senators and representatives should be too. Nearly 30 years ago the Supreme Court took the power to make that decision away from the people. Soon it may have a chance to restore it.

Jeff Jacoby can be reached at jeff.jacoby@globe.com. Follow him on X @jeff_jacoby. To subscribe to Arguable, his weekly newsletter, visit globe.com/arguable.

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