Loading state farmland data...
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.
13.1%
10.1%
1213.1%
13.11%
Average Annual Returns
Cumulative Returns of Farmland
Source: NCREIF
Past performance does not guarantee future results and there is no guarantee this trend will continue. For illustrative purposes only and is not intended to represent the result of an actual investment. All investments involve risk, including the loss of principal. Click here for AcreTrader General Disclosures.
10.1%
Standard Deviation of Returns
Year Over Year Change (%)
Source: NCREIF
| Year | Total Return | Cumulative |
|---|---|---|
| 2003 | 10.2% | -99.9% |
| 2004 | 14.2% | 14.2% |
| 2005 | 19.3% | 36.3% |
| 2006 | 17.3% | 59.8% |
| 2007 | 16.0% | 85.3% |
| 2008 | 26.1% | 133.8% |
| 2009 | 2.9% | 140.7% |
| 2010 | 12.3% | 170.2% |
| 2011 | 22.7% | 231.6% |
| 2012 | 32.3% | 338.5% |
| 2013 | 42.6% | 525.4% |
| 2014 | 18.8% | 642.9% |
| 2015 | 6.3% | 689.6% |
| 2016 | -4.6% | 653.2% |
| 2017 | 2.4% | 671.2% |
| 2018 | 2.4% | 689.8% |
| 2019 | 6.3% | 739.8% |
| 2020 | 4.2% | 774.8% |
| 2021 | 10.3% | 864.9% |
| 2022 | 17.2% | 1031.2% |
| 2023 | 16.1% | 1213.1% |
