2014 North Dakota
Transcription
2014 North Dakota
2014 North Dakota Agricultural Land Price & Cash Rent Survey Presented by the Table of Contents About the ASFMRA……………………………………….……………………………………………………………3 ND Chapter Officers……………………………….…………………………………………………….…………….4 Survey Details……….……………………………………………………………………………………………………5 Survey Contributors………………………………………………………………….………………………………..6 North Dakota Land Regions………………………………………………………………………………………..7 Region 1 – Red River Valley…………………………………………………………………………………………8 Region 2- Northeast…………………………………………………………………………………………….……10 Region 3 – Northwest/ North Central…………………………………………………………..……….….13 Region 4 – Southwest………………………………………………………………………………………….……17 Region 5 – Southeast…………………………………………………………………………………….……..…..21 Regional Cropland Index/Trends……………………..………………………………..……………………..25 State Cropland Index/Trend…………………………………….………………………..……………………..26 ND Chapter ASFMRA Directory…………………………………………………………………..………..…..27 2 About the ASFMRA The American Society of Farm Managers and Rural Appraisers (ASFMRA) is recognized as the premier professional organization for property economic professionals who provide management, consultation, and valuation services, as well as real estate services on rural and agricultural assets. The land experts who hold membership in the ASFMRA work under a professional code of ethics, which includes continuing education requirements. You can rest assured that if you’re working with someone who is an accredited member of the American Society of Farm Managers and Rural Appraisers, you are truly working with a competent land expert and agricultural professional who can assist you with all of the needs you have for your land asset. The ASFMRA, founded in 1929, provides members with the educational resources, information, and leadership that enable them to provide valuable services to the agricultural community. The focus of the ASFMRA is providing education and networking opportunities for a professional group of members providing farm and ranch management, rural and real property appraising, review appraisal, and agricultural consulting services to the private and public sectors and to the governmental and lending communities. The North Dakota Chapter of the ASFMRA consists of approximately 40 members working as land professionals in the State of North Dakota. The North Dakota Chapter is a non-profit, with a mission of supporting the ethical and professional standards established by our national organization, as well as promoting our professions through local educational opportunities and networking. For more information on the ASFMRA, please visit www.asfmra.org. 3 Meet the 2014 ND Chapter Officers 2014-2015 President Charles P. Peterson Accredited Farm Manager 1st Vice President……………………………………………………………………………… Kyle Nelson, ARA 2nd Vice President…………………………………………………………………………… Chad Wigestrand Director…………………………………………………………………………………………….. Tim Terras, ARA Director………………………………………………………………………………………………….Ryan Haugen Past President……………………………………………………………………………Shawn Weishaar, ARA Secretary……………………………………………………………………………………………………Steve Olson 4 Survey Details This is the 18th year the North Dakota Chapter of the American Society of Farm Managers and Rural Appraisers (ASFMRA) has provided an Agricultural Land Price and Cash Rental Survey. This year, 38 professionals in the appraisal and farm management disciplines contributed to the report. The report includes regionalized county level data for dry cropland and pasture sales, as well as a range of cash rents on a per acre basis (for both cropland and pasture). Due to a limited number of pasture sales in some counties, the sales data was consolidated. Data includes January 1st, 2014 to December 31st, 2014 agricultural land sales and current cash rent contracts. Land Professionals were asked to omit data from nontypical sources including, but not limited to irrigated (wet) cropland, transitional and/or development land, land under restrictive easements, etc. The low and high prices per crop or pasture acre are generally due to modifiers that may include locational and physical factors like market area, soil productivity, drainage, as well as changes in market conditions throughout the year. Reported sales are likely to include duplicates (reported by multiple land professionals), and may not indicate the actual number of sales in that county. In statistics, it is the tendency of data to regress towards the mean as sample sizes increase. Because the statistical mean (or average) is the preferred method to report and measure our regional and statewide cropland index, sales data was not consolidated. Survey readers are asked to exercise discretion when using data from this report. This survey data should never be used as a substitute for a land professional. 5 Survey Contributors AgCountry Farm Credit Services Roger Durensky, ARA Christopher Larson Karen McCann Tim Kreft, ARA Tim Terras, ARA Chad Wigestrand Allen Wood, MAI Bremer Farm Management Chris Griffin Crown Appraisals, Inc. Jeff Berg, ARA Brian Field, ARA Dustan Waaraniemi Roger Cymbaluk Farm Credit Services of North Dakota Wade Iverson, MAI Tim Kreft, ARA Brie Leier Brady Hefter Farm Credit Services of Mandan Mark McDermott, ARA Sheila Ressler Farmer’s National Company Andrew Gudajtes, ARA Kyle Nelson, ARA Brent Qualey, ARA Eric Skolness, AFM, ALC Dale Weston, AFM Haugen Farm Realty, Inc. Brad Haugen, ARA Ryan Haugen Minn-Dak Appraisals & Consulting Steve Webster Noel Johnson Red River Land Company John Botsford, ARA Steffes Group Rodney Steffes Max Steffes Ray Thielges Timian Appraisal Services Tim Timian, ARA Steve Tomac, ARA US Bank, Farm Management Group Jon Norstog Charles Peterson, AFM Bryan S. Strom Vorland Land Co. Alicia Vorland Weishaar Appraisal Services Shawn Weishaar, ARA 6 Land Regions of North Dakota 1. Red River Valley 2. Northeast 3. Northwest / North Central 4. Southwest 5. Southeast 7 Region 1 - Red River Valley The Red River Valley of North Dakota includes the counties of Cass, Grand Forks, Pembina, Richland, Traill, and Walsh. This geographic region extends from the Canadian border to the South Dakota line, and approximately 30 to 40 miles west of the Red River through most of the state. This former Lake Agassiz Basin has nearly level topography with drainage provided by shallow channeled streams and rivers. The lake plain soils are primarily rich and fertile clays and siltyclays derived from glacial erosion, and considered to be the most productive soils in North Dakota. The western, or outer areas of the lake basin, include delta and beach areas with fine-textured (sandy) sediments. 8 Red River Valley (Dry) Cropland Prices County Cass (East) Grand Forks (East) Pembina Richland Traill Walsh (East) All Prices are Per Crop Acre Reported 2014 Range Sales* Low High 74 22 24 28 69 22 $3,950 $1,525 $2,048 $2,660 $2,092 $1,284 $7,758 $6,836 $9,304 $6,807 $6,303 $7,014 2014 Stats Mean Median $5,761 $4,624 $5,407 $5,287 $4,452 $4,082 $5,613 $5,055 $4,834 $5,979 $4,865 $4,448 Pasture Prices County All RRV Counties All Prices are Per Pasture Acre Reported 2014 Range Sales* Low High 4 $1,345 $1,964 2014 Stats Mean Median $1,724 $1,793 *May include duplicates. Not a measure of pure market activity. Cash Rent Range County Cass (East) Grand Forks (East) Pembina Richland Traill Walsh (East) All Rental Amounts are Per Acre Cropland Pasture Low High Low High $100 $50 $50 $75 $50 $40 $225 $225 $250 $225 $225 $225 $15 $15 $10 $15 $15 $10 $45 $30 $55 $45 $30 $30 9 Region 2 – Northeast Northeastern North Dakota includes the counties of Benson, Cavalier, Eddy, Foster, Griggs, Nelson, Ramsey, Steele, Towner and Wells, along with the western part of both Walsh and Grand Forks County. The counties are located within the glaciated plains, or drift prairie, with mostly undulating topography, numerous closed depressions, and a few widely spaced streams. The land forms result from glacial thrusting resulting in large depressions marking plains and existing lakes, and from collapsed glacial topography resulting in washboard ridges and a large number of small eskers. This geographic region includes the Devil’s Lake Basin. With rising water and no natural outlet, to date over 160,000 acres of agricultural land within the basin have been inundated. 10 Northeast (Dry) Cropland Prices County Benson Cavalier Eddy Foster Grand Forks (W) Griggs Nelson Ramsey Steele Towner Walsh (West) Wells All Prices are Per Crop Acre Reported 2014 Range Sales* Low High 7 43 10 6 20 14 11 16 17 13 11 4 $1,150 $1,300 $1,345 $2,338 $1,445 $911 $1,325 $1,129 $1,554 $1,463 $1,603 $1,950 $2,618 $4,762 $4,900 $5,504 $5,275 $2,893 $2,553 $3,250 $4,361 $3,247 $4,581 $3,404 2014 Stats Mean Median $1,922 $3,109 $2,294 $3,520 $3,006 $2,249 $2,017 $1,981 $2,797 $2,286 $2,557 $2,724 $2,100 $2,830 $2,000 $2,959 $2,670 $2,565 $1,966 $1,924 $3,000 $2,230 $2,088 $2,772 Pasture Prices County All NE Counties All Prices are Per Pasture Acre Reported 2014 Range Sales* Low High 17 $354 $1,500 2014 Stats Mean Median $726 $700 *May include duplicates. Not a measure of pure market activity. 11 Northeast Cash Rent Range County Benson Cavalier Eddy Foster Grand Forks (W) Griggs Nelson Ramsey Steele Towner Walsh (West) Wells All Rental Amounts are Per Acre Cropland Pasture Low High Low High $40 $39 $32 $50 $50 $40 $38 $50 $50 $42 $50 $35 $100 $125 $90 $175 $120 $125 $80 $100 $225 $120 $150 $90 $20 $20 $15 $10 $15 $10 $15 $20 $15 $20 $20 $15 $30 $25 $30 $30 $20 $35 $30 $30 $30 $30 $30 $25 12 Region 3 – Northwest / North Central Northwestern and North Central North Dakota includes thirteen counties; Bottineau, Burke, Divide, McHenry, McKenzie, McLean, Mountrail, Pierce, Renville, Rolette, Sheridan, Ward, and Williams. This territory is physically described as the Drift Prairie, the Missouri Coteau, and the Missouri Slopes. The Drift Prairie extends diagonally from Northwestern to Southeastern North Dakota. The Drift Prairie is glaciated, appearing generally flat with washboard like undulations. The Missouri Coteau extends east from the Missouri River to the Continental Divide, or western edge of the glaciated land. The Missouri Slope's sandstone and shale layers were largely unaffected by glaciers. The area has an irregular topography with the occasional butte rising above the prairie landscape. 13 Northwest / North Central (Dry) Cropland Prices County Bottineau Burke Divide McHenry McKenzie McLean Mountrail Pierce Renville Rolette Sheridan Ward Williams All Prices are Per Crop Acre Reported 2014 Range Sales * Low High 24 20 7 7 8 35 9 8 14 6 7 24 12 $955 $554 $800 $825 $1,747 $783 $756 $1,730 $1,013 $808 $800 $1,099 $924 $3,200 $2,312 $3,213 $1,765 $2,432 $5,350 $3,432 $3,110 $2,911 $1,170 $2,436 $5,455 $2,078 2014 Stats Mean Median $2,155 $1,161 $1,653 $1,424 $1,979 $3,060 $1,822 $2,376 $2,320 $977 $1,813 $2,176 $1,181 $2,247 $1,072 $1,475 $1,569 $1,875 $3,276 $1,800 $2,495 $2,487 $958 $2,000 $2,193 $1,090 *May include duplicates. Not a measure of pure market activity. 14 Northwest / North Central Pasture Prices County Bottineau Burke Divide McHenry McKenzie McLean Mountrail Pierce Renville Rolette Sheridan Ward Williams All Counties All Prices are Per Pasture Acre Reported 2014 Range Sales* Low High 1 4 1 9 0 9 4 6 1 0 5 9 1 50 $543 $543 $229 $399 $354 $354 $531 $1,083 No Sales Reported $498 $1,015 $422 $635 $500 $1,112 $460 $460 No Sales Reported $429 $1,350 $475 $750 $782 $782 $229 $1,350 2014 Stats Mean Median $543 $543 $336 $358 $354 $354 $810 $835 No Sales Reported $811 $815 $557 $586 $713 $654 $460 $460 No Sales Reported $823 $850 $593 $595 $782 $782 $671 $630 *May include duplicates. Not a measure of pure market activity. 15 Northwest / North Central Cash Rent Range County Bottineau Burke Divide McHenry McKenzie McLean Mountrail Pierce Renville Rolette Sheridan Ward Williams All Rental Amounts are Per Acre Cropland Pasture Low High Low High $30 $25 $25 $30 $25 $35 $25 $40 $30 $30 $35 $40 $30 $80 $50 $50 $65 $50 $125 $100 $100 $85 $60 $60 $90 $50 $10 $8 $8 $10 $10 $10 $10 $20 $10 $15 $12 $15 $10 $40 $20 $20 $25 $20 $35 $20 $35 $20 $20 $25 $30 $20 16 Region 4 - Southwest Southwestern North Dakota includes the counties of Adams, Billings, Bowman, Dunn, Golden Valley, Grant, Hettinger, Mercer, Morton, Oliver, Sioux, Slope, and Stark. The southwest region of North Dakota extends from the Montana and South Dakota borders north and east to the Missouri River. This non-glaciated portion of ND is dominated by the Missouri Plateau and the Little Missouri Badlands. Topography varies from rolling to hilly plains to rugged, deeply eroded, hilly areas along the Little Missouri River. Agriculture is diversified between beef and small grain operations, with corn production increasing in recent years. Oil production is generally confined to Bowman, Slope, Golden Valley, Billings, Stark, and Dunn Counties. Lignite coal production occurs in Mercer and Oliver Counties. Wind energy developments are located in Oliver and Bowman Counties. 17 Southwest (Dry) Cropland Prices County Adams Billings/Golden Valley Bowman Dunn Grant Hettinger Mercer Morton Oliver Sioux Slope Stark All Prices are Per Crop Acre Reported 2014 Range Sales* Low High 10 1 4 7 4 6 5 9 10 3 6 5 $825 $1,400 $775 $1,500 $1,575 $1,300 $1,550 $1,150 $1,275 $1,000 $1,475 $1,250 $2,575 $1,400 $2,950 $3,500 $2,975 $2,975 $3,500 $3,292 $2,500 $1,700 $3,500 $3,050 2014 Stats Mean Median $1,723 $1,400 $2,000 $2,525 $2,213 $2,113 $2,535 $2,385 $1,824 $1,357 $2,017 $2,015 $1,663 $1,400 $2,138 $2,575 $2,150 $1,925 $2,475 $2,600 $1,888 $1,370 $1,775 $1,700 *May include duplicates. Not a measure of pure market activity. 18 Southwest Pasture Prices County Adams Billings/Golden Valley Bowman Dunn Grant Hettinger Mercer Morton Oliver Sioux Slope Stark All Counties All Prices are Per Pasture Acre Reported 2014 Range Sales* Low High 4 1 2 2 3 2 2 14 10 2 1 4 47 $850 $660 $950 $1,075 $800 $1,033 $1,200 $1,050 $900 $700 $715 $860 $660 $1,050 $660 $950 $1,500 $1,575 $2,200 $1,550 $2,750 $1,650 $900 $715 $1,500 $2,750 2014 Stats Mean Median $941 $660 $950 $1,288 $1,225 $1,617 $1,375 $1,715 $1,358 $800 $715 $1,234 $1,335 $933 $660 $950 $1,288 $1,300 $1,617 $1,375 $1,593 $1,425 $800 $715 $1,288 $1,325 *May include duplicates. Not a measure of pure market activity. 19 Southwest Cash Rent Range All Rental Amounts are Per Acre Cropland County Adams Billings Bowman Dunn Golden Valley Grant Hettinger Mercer Morton Oliver Sioux Slope Stark Low $40 $35 $20 $50 $35 $23 $33 $35 $39 $45 $25 $35 $33 Pasture High $65 $55 $75 $75 $50 $65 $65 $65 $75 $75 $50 $65 $75 Low $12 $10 $15 $20 $12 $14 $13 $15 $15 $13 $15 $12 $13 High $25 $35 $25 $35 $25 $30 $25 $30 $35 $35 $20 $20 $25 20 Region 5 - Southeast Southeastern North Dakota includes the counties of Barnes, Burleigh, Dickey, Emmons, Kidder, LaMoure, Logan, McIntosh, Ransom, Sargent, and Stutsman, as well as Western Cass County. These counties include geographic regions described (from west to east) as the Missouri Slope, Missouri Coteau, and Drift Prairie. The Missouri Slope includes primarily glacial till soils, with a west boundary being sandy/gravely outwash. The Missouri Coteau is mostly rough and hilly with some outwash areas also present. The Drift Prairie includes primarily glacial till plains with most of the runoff draining into numerous closed depressions (also referred to as the Prairie Pothole Region). Irrigation is common, as this area includes some of North Dakota’s largest aquifers. The majority of the pasture in this area is in the western counties. 21 Southeast (Dry) Cropland Prices County Barnes Burleigh Cass (West) Dickey Emmons Kidder LaMoure Logan McIntosh Ransom Sargent Stutsman All Prices are Per Crop Acre Reported 2014 Range Sales* Low High 27 9 27 21 8 4 41 15 6 10 4 43 $1,224 $1,025 $2,456 $2,305 $1,400 $1,348 $2,000 $850 $1,250 $2,770 $5,500 $690 $4,842 $3,420 $5,424 $7,233 $3,130 $2,121 $5,896 $3,550 $3,200 $5,556 $7,712 $5,383 2014 Stats Mean Median $3,396 $2,006 $4,361 $4,389 $2,270 $1,807 $4,125 $1,989 $2,023 $3,852 $6,622 $2,911 $3,500 $1,750 $4,895 $4,228 $2,238 $1,880 $4,076 $1,970 $1,910 $3,693 $6,639 $2,900 *May include duplicates. Not a measure of pure market activity. 22 Southeast Pasture Prices County Barnes Burleigh Cass (West) Dickey Emmons Kidder LaMoure Logan McIntosh Ransom Sargent Stutsman All Counties All Prices are Per Pasture Acre Reported 2014 Range Sales* Low High 2 2 0 8 3 3 4 7 1 1 1 8 40 $900 $1,263 $800 $2,000 No Sales Reported $1,000 $2,381 $1,150 $1,300 $880 $1,480 $700 $1,540 $323 $1,425 $1,000 $1,000 $944 $944 $2,475 $2,475 $637 $1,700 $323 $2,475 2014 Stats Mean Median $1,082 $1,082 $1,400 $1,400 No Sales Reported $1,539 $1,378 $1,250 $1,300 $1,103 $950 $1,181 $1,242 $1,083 $1,390 $1,000 $1,000 $944 $944 $2,475 $2,475 $1,118 $1,032 $1,250 $1,257 *May include duplicates. Not a measure of pure market activity. 23 Southeast Cash Rent Range County Barnes Burleigh Cass (West) Dickey Emmons Kidder LaMoure Logan McIntosh Ransom Sargent Stutsman All Rental Amounts are Per Acre Cropland Pasture Low High Low High $70 $50 $50 $50 $47 $35 $50 $40 $47 $73 $60 $39 $175 $100 $200 $200 $75 $65 $175 $80 $70 $175 $200 $150 $20 $20 $10 $10 $20 $15 $15 $20 $18 $15 $15 $14 $40 $35 $45 $50 $35 $25 $60 $60 $25 $45 $60 $50 24 Regional Cropland Trends (Regional Price Index per Acre) $6,000 $5,000 Red River Valley $4,000 Northeast $3,000 Northwest/Central $2,000 Southwest Southeast $1,000 $0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Regional Index* 2014 Red River Valley $4,935 -5% % Change Northeast $2,539 -8% % Change Northwest/Central $1,854 -1% % Change Southwest $2,009 17% % Change Southeast $3,313 % Change 3% 2013 $5,211 11% $2,763 24% $1,865 18% $1,715 21% $3,211 17% 2012 $4,694 42% $2,221 32% $1,583 45% $1,416 37% $2,737 37% 2011 2010 2009 $3,301 $3,090 $2,593 7% 19% 1% $1,680 $1,451 $1,147 16% 27% 3% $1,089 $886 $721 23% 23% -1% $1,032 $788 $701 31% 12% 3% $1,999 $1,631 $1,330 23% 23% -5% *The Regional Index gives equal weight to each reporting market area within the designated region 25 North Dakota Cropland Trend (State Price Index per Acre) $3,500 $3,000 $2,500 $2,000 $1,500 $1,000 $500 $0 2005 2006 2007 2014 State Index* $2,930 % Change -1% 2008 2009 2010 2011 2012 2013 2014 2013 2012 2011 2010 2009 $2,953 $2,530 $1,820 $1,569 $1,298 17% 39% 16% 21% 0% *The State Index gives equal weight to all 55 reporting market areas in ND 26 ND Chapter Directory – 2014 Jeff Berg, ARA 218-354-7000 Crown Appraisals Fee Appraiser 602 Front St. N Barnesville, MN 56514 CG in ND, MN, SD Email [email protected] Area: ND, MN, SD John Botsford, ARA 701-795-4553 Red River Land Company Land Broker 3100 South Columbia Road Grand Forks, ND 58201 CG in ND, MN Email [email protected] Area: Eastern ND, Western MN Brad Haugen, ARA 701-839-1451 Haugen Farm Realty, Inc. Appraiser 3108 S Broadway, Ste 1 Land Broker Minot, ND 58701 Email [email protected] Area: North Central ND CG in ND Ryan Haugen 701-839-1451 Haugen Farm Realty, Inc. Appraiser 3108 S Broadway, Ste 1 Minot, ND 58701 Email [email protected] Joe Ibach, MAI 701-255-3181 Michael Brekhus 701-205-6272 Bayer CropScience 1300 Golden Eagle Lane Bismarck, ND 58503 Email [email protected] Dakota Appraisal, Inc. Fee Appraiser P.O. Box 1235 Bismarck, ND 58502 CG in ND Email [email protected] Area: South Central ND Roger Durensky, ARA James Ivers, AFM 701-499-2516 218-779-2295 Ag Country FCS Staff Appraiser P.O. Box 6020 Fargo, ND 58108 CG in ND, MN, SD Email [email protected] Area: Southeastern ND, Western MN Farmer’s National Company Farm Management P.O. Box 5088 Land Broker Grand Forks, ND 58201 Email [email protected] Area: ND, MN Don Dvorak Wade Iverson, MAI 701-483-4254 701-852-1265 Farm Financial Services Fee Appraiser 235 Sims, Box 574 Farm Management Dickinson, ND 58601 CG in ND & SD Email [email protected] Area: Western ND Farm Credit Services Staff Appraiser 3100 10th St. SW P.O. Box 70 Minot, ND 58703 CG in ND Email [email protected] Area: North Central ND Brian Field, ARA Tim Kreft, ARA 218-354-7000 Crown Appraisals Inc. Fee Appraiser 602 Front Street North Barnesville, MN 56514 CG in MN, ND Email [email protected] Andrew Gudajtes, ARA 701-795-3403 Farmer’s National Company Fee Appraiser P.O. Box 5088 Land Broker Grand Forks, ND 58201 Email [email protected] Area: Eastern ND David Hagert 701-746-8580 Agri Data Inc. 4300 James Ray Dr. P.O. Box 8372 Grand Forks, ND 58202-8372 Email [email protected] 701-499-2611 AgCountry FCS Appraiser PO Box 6020 Fargo, ND 58108 CG in ND, MN & MT Email [email protected] Area: North Dakota and Western MN Christopher Larson 701-352-4816 AgCountry Farm Credit Services 1005 Hill Ave. Grafton, ND 58237 Email [email protected] Ethan Kyllo 701-430-9680 Farmers National Company Associate 4141 31st Ave S, Ste 101 Fargo, ND 58104 Email [email protected] 27 Jerry Link, ARA Appraisal Services, Inc. 1220 Main Ave. Suite 125 Fargo, ND 58103 Email [email protected] Area: Eastern ND 701-235-1189 Retired CG in ND Steve Olson Charles Peterson, AFM Terry Longtin, AFM 218-779-0892 Farmer’s National Company Farm Management P.O. Box 5088 Grand Forks, ND 58201 Email [email protected] Area: ND, MN 701-663-6487 Farm Credit Services Staff Appraiser 1600 Old Red Trail PO Box 649 Mandan, ND 58554 CG in ND Email [email protected] Area: Southern ND Craig McIvor 701-572-0895 Dakota Realty & Appraisal Fee Appraiser P.O. Box 786 Land Broker Williston, ND 58802-0786 CG in ND Email [email protected] Area: Northwestern ND Jayson Menke 701-795-3407 Farmers National Company Farm Management 2300 S. Columbia Rd. Grand Forks, ND 58201 Email [email protected] Area: ND, MN Guy Miller 218-643-5505 Miller Realty, Inc. Associate Member 522 Minnesota Avenue Breckenridge, MN 56520 Email [email protected] Jared Miller 218-643-5505 Miller Realty, Inc. Associate Member 522 Minnesota Avenue Breckenridge, MN 56520 Email [email protected] Shirley Milli, RPRA 701-238-0725 Farmer’s National Company Fee Appraiser 4141 31 Ave S, Ste 101 Land Broker Fargo, ND 58104 CG in ND, MN Email [email protected] Area: ND, MN Les Roos, ARA 701-775-4944 Roos & Associates, Inc. Fee Appraiser 1397 Library Circle, Suite 102 Grand Forks, ND 58201 CG in ND, MN Email [email protected] Area: ND, MN Eric Skolness, AFM 218-233-1333 Farmers National Company Farm Management P.O. Box 234 Land Broker Glyndon, MN 56547 Email [email protected] Area: ND, MN Tim Terras, ARA 701-499-2584 Ag Country FCS Staff Appraiser P.O. Box 6020 Fargo, ND 58108-6020 CG in ND, MN Email [email protected] Area: Eastern ND, Western MN Tim Timian, ARA Timian Appraisal Service Agri Valley Insurance P.O. Box 127 Arthur, ND 58006 Email [email protected] Area: ND, MN 701-967-8572 Fee Appraiser CG in ND, MN 612-713-5427 US Interior, Fish & Wildlife Sr Review Appraiser 5600 American Blvd. West Ste 930 Bloomington, MN 55437 CG in MN Email [email protected] Area: MN, WI, MI Kyle Nelson, ARA 701-241-82 US Bank Farm Management 505 2nd Ave. N Fargo, ND 58102 Email [email protected] Area: ND, MN, SD Brent Qualey, ARA Mark McDermott, ARA 701-788-3615 Olson Appraisals Fee Appraiser 440 Olson Drive Mayville, ND 58257 CG in ND Email [email protected] 701-238-9385 Farmer’s National Company Fee Appraiser PO Box 576 Land Broker West Fargo, ND 58078 CG in MN, ND Email [email protected] Area: ND, MN Rodger Tinjum, ARA 218-847-3885 Tinjum Appraisal Company Fee Appraiser P.O. BOX 1368 Detroit Lakes, MN 56502 CG in ND, MN Email [email protected] Area: Eastern ND, Western MN Steve Tomac, ARA 701-445-7364 2498 59th St. Retired St. Anthony, ND 58566 CG in ND Email [email protected] 28 Paul Vorachek, ARA 701-284-6785 Vorachek Farm Appraisal Fee Appraiser 214 Hill Avenue North Park River, ND 58270 CG in ND, MN Email [email protected] Area: Northeastern ND, Northwestern MN Notes ………………………………………… Roy Wasche 701-232-6376 Farmers National Company Farm Management PO Box 1623 Land Broker Fargo, ND 58102 Email [email protected] ………………………………………… Shawn Weishaar, ARA ………………………………………… 701-376-3582 Weishaar Appraisals Fee Appraiser 1008 – 31st St. NE Lemmon, SD 57638 CG in ND, SD Email [email protected] Area: Southwest ND, Northwest SD Dale Weston, AFM 701-361-2023 Farmer’s National Company Farm Management 4141 31 Ave S, Ste 101 Land Broker Fargo, ND 58104 Email [email protected] Area: ND, MN, SD Dustan J. Waaraniemi 218-354-7000 Crown Appraisals Fee Appraiser 602 Front St N Barnesville, MN 56514 Email [email protected] Area: ND, MN, SD Chad Wigestrand 701-787-6683 AgCountry FCS Staff Appraiser 2424 32nd Ave. S. Grand Forks, ND 58201 CG in ND, MN Email [email protected] Area: ND, MN ………………………………………… ………………………………………… ………………………………………… ………………………………………… ………………………………………… ………………………………………… ………………………………………… ………………………………………… ………………………………………… ………………………………………… ………………………………………… ………………………………………… ………………………………………… ………………………………………… ………………………………………… Professional Designation Guide CG – Certified General Appraiser ARA – Accredited Rural Appraiser AFM – Accredited Farm Manager RPRA – Real Property Review Appraiser MAI – Member Appraisal Institute ………………………………………… ………………………………………… ………………………………………… ………………………………………… ………………………………………… ……………………………………........ 29