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Explore North Dakota agriculture and learn what makes it unique.
North Dakota benefits from an abundance of extremely rich, fertile soil as well as climate and weather patterns that make the land capable of producing high crop yields without irrigation and raising healthy Livestock in abundance. For these reasons and more, agriculture is a massive industry in North Dakota and nearly 90% of the state’s total land area is classified as farmland. In terms of agricultural revenue, the top 5 commodities in North Dakota are: Soybeans, Wheat, Corn, Cattle, and Canola. As of 2017, there are 26,364 farms in North Dakota encompassing a total of 39.3 million acres with an average size of 1,492 acres. North Dakota is host to some of the largest farms in the nation on average and commonly ranks in the top 10 states for this metric.
$1,635/acre
9.7%
$2,660
Current Price Per Acre
Value per Acre
Source: USDA
9.7%
Average Land Appreciation
Year Over Year Change (%)
Source: USDA
| Year | Per Acre | Change |
|---|---|---|
| 2023 | $2,660 | 13.2% |
| 2022 | $2,350 | 14.1% |
| 2021 | $2,060 | 6.7% |
| 2020 | $1,930 | 0.5% |
| 2019 | $1,920 | 2.7% |
| 2018 | $1,870 | -1.1% |
| 2017 | $1,890 | -1.0% |
| 2016 | $1,910 | -8.2% |
| 2015 | $2,080 | 3.0% |
| 2014 | $2,020 | 15.4% |
| 2013 | $1,750 | 38.9% |
| 2012 | $1,260 | 27.7% |
| 2011 | $987 | 17.5% |
| 2010 | $840 | 6.7% |
| 2009 | $787 | -2.8% |
| 2008 | $810 | 20.9% |
| 2007 | $670 | 9.8% |
| 2006 | $610 | 10.9% |
| 2005 | $550 | 12.2% |
| 2004 | $490 | 6.5% |
| 2003 | $460 | 2.2% |
| 2002 | $450 | 1.1% |
| 2001 | $445 | 1.1% |
| 1998 | $440 | 3.0% |
