North Dakota’s trend in bankruptcy filings has followed the national pattern of change.

Farmland values across the state are up a modest 1.74% while cropland cash rents are up 0.77%.

Strong yields in 2016 provided a temporary relief to the downward pressure on land values and rents.

The biggest negative is that projected crop profitability for 2010 is the most challenging in several years.

In 2020, the state average cropland value is $2,063 per acre.

North Dakota is the only state among the largest oil-producing states to have increased capacity from 2000 to 2010.

The study uses 16 financial measures to evaluate North Dakota farms.

""The leveling of family living expenditures makes sense,” says Andy Swenson, NDSU farm management specialist.

Household expenditures on North Dakota farms were about the same in 2013 and 2014.

Average farm family living expenditures reported by the North Dakota Farm Business Management Education Program have increased from $34,889 in 1999 to $57,404 ...