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“There is a lot of cash out in the country. If you have 400,000 bushels stored and corn is at $7.50, that’s rather good,” Chuck Sutton said.
North Dakota has about 90% of its land area in farms with 27,500,000 acres (111,000 km 2) of cropland, the third-largest amount in the nation. Between 2002 and 2007, total cropland increased by about a million acres (4,000 km 2); North Dakota was the only state showing an increase.
As of the 2017 census of agriculture, there were 2.04 million farms, covering an area of 900 million acres (1,400,000 sq mi), an average of 441 acres (178 hectares) per farm. [ 2 ] Agriculture in the United States is highly mechanized, with an average of only one farmer or farm laborer required per square kilometer of farmland for agricultural ...
In 2011, the state had 92,300 corn farms on 30,700,000 acres (12,400,000 ha), the average size being 333 acres (135 ha), and the average dollar value per acre being US$6,708. In the same year, there were 13.7 million harvested acres of corn for grain, producing 2.36 billion bushels, which yielded 172.0 bu/acre, with US$14.5 billion of corn ...
Recent estimates indicate the Microsoft magnate owns around 270,000 acres of U.S. farmland. ... with the value of U.S. farmland hitting 10.2% in 2022 at a time when the average inflation rate was ...
CNN founder Ted Turner owns 2 million acres of land largely in New Mexico, South Dakota, Nebraska and Georgia. Much of Turner's land is used as grazing land for over 50,000 head of buffalo -- the ...
Sheyenne National Grassland is a National Grassland located in southeastern North Dakota in the United States, comprising 70,446 acres (28,508 ha) of public land amid 64,769 acres (26,211 ha) of privately owned land in a region of sandy soils in the vicinity of the Sheyenne River in Ransom and Richland Counties. [2]
Key elements driving changes in farm land values include cash rent, supply of land, interest rates and inflation, among other factors, experts say.
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