![]() So, land on which sugar beets and potatoes are grown normally is more valuable than land on which other crops are raised. It's located 2.5 miles northwest of Veseleyville and 6.5 miles southeast of Park River.īeets and potatoes, though generally more labor-intensive and costlier to grow than most other crops, typically have greater profit potential than the other crops. The 80 acres was described in Farmers National promotional material "as some of the absolute best cropland in the Red River Valley" and is used to grow sugar beets and potatoes. ![]() The buyer farms land adjacent to the 80 acres, said Jayson Menke, a Farmers National agent involved in the sale. At attempt to contact the buyer through Farmers National was unsuccessful. Some details of the transaction, including the identity of the buyer, weren't available. That puts the $800,000 sales price at $10,152 per tillable acre. Of the 80 acres in the Walsh County tract, 1.2 acres can't be cropped, leaving 78.80 tillable acres. Terry Longtin, Upper Midwest operations manager for Farmers National Co., which handled the Thursday sale in Grand Forks, said his company hasn't heard of a higher per-acre sales price in North Dakota. ![]() The highest per-acre cropland sales price in North Dakota of which he'd heard previously was $8,000, Swenson said.
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