Leading the nation in something is usually really good or really bad. Which way do you interpret the news that the average per-acre cropland price rose more in North Dakota over the past year than in any other state?
The National Agricultural Statistics Service, an arm of the U.S. Department of Agriculture, says North Dakota’s average per-acre price of cropland rose 41.5 percent from 2012 to 2013. (You can my story on the Agweek web site).
If you’re a farmer who wants to buy more land, you’re not exactly thrilled with an increase, especially one of that size. You’re probably thinking an increase so large is foolish and and even dangerous — and you might be right to think so.
Nonetheless, the increase indicates that North Dakota did well agriculturally in 2012. That’s a really good thing.