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Ag land market: Swenson: Per-acre values of cropland leveling out

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 FARGO — More than a decade of double-digit increases in cropland prices — in some cases 50 percent or more annually — may be ending in North Dakota.

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As prices for corn, sugar beets and other crops have dropped, the per-acre values of cropland are leveling out, said Andrew Swenson, a North Dakota State University Extension farm management specialist.

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Helmut Schmidt
Helmut Schmidt was born in Germany, but grew up in the Twin Cities area, graduating from Park High School of Cottage Grove. After serving a tour in the U.S. Army, he attended the University of St. Thomas in St Paul, Minn., graduating in 1984 with a degree in journalism. He then worked at the Albert Lea (Minn.) Tribune and served as managing editor there for three years. He joined The Forum in October 1989, working as a copy editor until 2000. Since then, he has worked as a reporter on several beats, including education, Fargo city government, business and military affairs. He is currently The Forum's K-12 education reporter.
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