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South Dakota Agricultural Land Market Trends

Updated June 12, 2023

Jack Davis

SDSU Extension Crops Business Management Field Specialist


The 2023 South Dakota State University (SDSU) Extension Farm Real Estate Market Survey is the 33rd annual survey of agricultural land values and cash rental rates by land use and quality in different regions of South Dakota. This report contains an overview and may or may not reflect actual land values or cash rental rates unique to specific localities or properties. Readers should use this report as a general reference and rely on local sources for specific details.