South Dakota Value Increases

Over the past year South Dakota farmland has increased in value by 7.7 percent. Although the growth is good news, it is the lowest growth seen in the past decade.
The South Dakota State University blames the current recession for the decline.
On average land values increased from $1,041 an acre to $1,121. Between 2001 and 2008 values grew by at least 10 percent.
South Dakota State University economics professor Larry Janssen told that people are alarmed about the decline in value, but are not worried.
If you are looking for farm loans in South Dakota to refinance your current debts, purchase farm land or just cover day to day farm operating costs, contact Farm Plus Financial today! Regardless of a recession, low-rate South Dakota farm loans are available now from Farm Plus. Call 866-929-5585 to speak with a loan representative or browse our farm loan resources for more information.