Modern agriculture requires savvy financial planning and strategy.
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The Ag Land Soil Tables Tool allows users to view soil data and download data by county to further understand the soil rating system. It can help appraisers make baseline agricultural land assessments and determine if adjustments from baseline are needed.
The 2021 South Dakota State University (SDSU) Extension Farm Real Estate Market Survey is the 31st annual survey of agricultural land values and cash rental rates by land use and quality in different regions of South Dakota.
While declining prices and increasing costs considerably reduce profit for soybean production, there are certain input costs that might be reduced to increase profitability.
September 1, 2020 is the automatic renewal date for all oral land lease agreements in South Dakota. Per South Dakota codified law, landowners and renters must notify all parties involved in the existing lease, in writing, by September 1.