survey of actual sales and rental arrangements

Transcription

survey of actual sales and rental arrangements
2015 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
Market Conditions……………………………………………..…………………….………………………………..7
North Dakota Land Regions………………………………………………………………………………………..8
Region 1 - Red River Valley…………………………………………………………………………………………9
Region 2 - Northeast…………………………………………………..……………………………………….……11
Region 3 - Northwest/ North Central……………….…………………………………………..……….….14
Region 4 - Southwest………………………………………….……………………………………………….……18
Region 5 - Southeast…………………………………………………………………………………….……..…..22
Regional Cropland Index/Trends……………………..………………………………..……………………..26
State Cropland Index/Trend…………………………………….………………………..……………………..27
ND Chapter ASFMRA 2015 Directory………………………………………………..………..………..…..28
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 2015 ND Chapter Officers
President………………………………………….Charles Peterson, AFM
Charles Peterson, AFM
President Elect….……………………………………………………………………………… Kyle Nelson, ARA
Vice President……………………………………………………….………………… Chad Wigestrand, ARA
Director………………………………………………………………………….………………….. Tim Terras, ARA
Director………………………………………………………..………………………………………….Ryan Haugen
Past President……………………………………………………………………………Shawn Weishaar, ARA
Secretary……………………………………………………………………………………………………Steve Olson
4
Survey Details
This is the 19th 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, 37 professionals in the
appraisal, farm management, and land
sales disciplines contributed to the report.
The report includes regionalized county level data for vacant 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, 2015 to December 31st, 2015 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 any changing market conditions during the calendar 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, no attempt was made to consolidated sales data.
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
Rebecca Darling
Roger Durensky, ARA
AJ Hammen
Tim Kreft, ARA
Karen McCann
Tim Terras, ARA
Kaitlyn Timian
Chad Wigestrand, ARA
Allen Wood, MAI
Allied Appraisals of ND
Carrie Mann
Bremer Farm Management
Chris Griffin
Crown Appraisals, Inc.
Jeff Berg, ARA
Brian Field, ARA
Tyler Walsh
Farm Credit Services of North Dakota
Wade Iverson, MAI
Brie Leier
Farm Credit Services of Mandan
Mark McDermott, ARA
Sheila Ressler
Farmer’s National Company
Andrew Gudajtes, ARA
Terry Longtin, AFM
Kyle Nelson, ARA
Eric Skolness, AFM, ALC
Dale Weston, AFM
Haugen Farm Realty, Inc.
Ryan Haugen
Minn-Dak Appraisals & Consulting
Steve Webster
Noel Johnson
Northern Appraisal & Realty
Rhonda Knudson
Pifer’s Land Management
Dwight Hofland, AFM, AAC
Dan Remes
Red River Land Company
John Botsford, ARA
Roos & Associates, Inc.
Les Roos, ARA
Steffes Group
Rodney Steffes
Max Steffes
Timian Appraisal Services
Tim Timian, ARA
US Bank, Farm Management Group
Charles Peterson, AFM
Vorland Land Co.
Weishaar Appraisal Services
Shawn Weishaar, ARA
6
Market Conditions
The land market in North Dakota continues to trend downward as
stakeholders reevaluate and readjust for the third year of deflated
commodity prices.
With depressed commodity pricing, favorable growing conditions
facilitated above average yields, of which was the saving grace for
many row crop producers in 2015. Despite strong production, the
cropland market showed signs of continued weakness. The numbers
of land sales during 2015 was down and many sellers were unwilling
to accept the lower cropland prices. This was evident by many “no
sale” land auctions and longer marketing time for listed properties.
There are select neighborhoods in the state where prices on quality
cropland remained unchanged, but that is now more of the exception
than the rule. Highly productive quality cropland will still attract
Max Steffes
buyers, but generally at lower price levels. Demand for poor quality
cropland is low when compared to years past. As the year progressed, buyers and lenders alike
grew exceedingly cautious over cash flow concerns, of which has reduced the number of
potential market participants (demand) for land acquisitions.
Ranchers enjoyed good pasture conditions spurred by ample moisture, however historically
high livestock prices fell 25-30% through the second half of the year. Pastureland prices this
year were at or near historical highs. However, during the latter half of the year, the adverse
livestock prices seemed to affect the pastureland market and a gradual downward trend
appears to be imminent for 2016. Nonetheless, demand still seems to outpace supply on
quality pasture as ranchers continue to grow their herds.
Land rents have historically lagged the markets and this was true during 2014. In 2015 the land
rental market finally showed some signs of a downward correction. Many fixed cash rent
contracts renewed in 2015 reflected this downward trend. However, the overall demand for
rented acres is still very high. The cash rent market is at or above breakeven price levels for
nearly all crops according to most financial projections given the current commodity prices and
input costs.
Mr. Steffes is a member of the ND Chapter ASFMRA and a Land Sales Representative with Steffes Group, Inc.
Disclaimer: Views and opinions expressed are those of the Mr. Steffes.
7
Land Regions
Of North Dakota
1. Red River Valley
2. Northeast
3. Northwest / North Central
4. Southwest
5. Southeast
8
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.
9
Red River Valley
(Dry) Cropland Prices
County
All Prices are Per Crop Acre
Reported
2015 Range
Sales*
Low
High
Cass (East)
Grand Forks (East)
Pembina
Richland
Traill
Walsh (East)
53
46
29
21
39
28
$3,520
$1,250
$2,000
$1,820
$2,850
$2,107
$7,763
$6,500
$8,364
$6,753
$5,538
$5,306
2015 Statistics
Mean
Median
$5,308
$3,583
$5,055
$4,809
$4,300
$3,943
$5,467
$2,849
$4,859
$5,182
$4,057
$4,100
Pasture Prices
County
All Prices are Per Pasture Acre
Reported
2015 Range
Sales*
Low
High
All RRV Counties
4
$505
2015 Statistics
Mean
Median
$1,964
$950
$665
*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
$40
$50
$75
$70
$50
$225
$225
$225
$200
$225
$225
$15
$8
$10
$15
$15
$10
$25
$30
$55
$35
$25
$30
10
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.
11
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
2015 Range
Sales*
Low
High
39
21
32
21
30
32
4
6
40
19
7
32
$430
$1,069
$638
$1,500
$1,250
$716
$1,207
$1,025
$1,360
$1,573
$1,250
$846
$2,693
$3,500
$3,300
$5,000
$5,150
$3,131
$2,654
$2,818
$4,543
$2,738
$4,261
$2,802
2015 Statistics
Mean
Median
$1,791
$2,812
$1,655
$3,040
$3,163
$1,938
$1,911
$1,967
$2,794
$2,096
$2,539
$1,637
$1,711
$2,969
$1,525
$2,714
$2,869
$1,812
$1,892
$1,905
$2,698
$2,000
$2,600
$1,577
Pasture Prices
County
All NE Counties
All Prices are Per Pasture Acre
Reported
2015 Range
Sales*
Low
High
52
$346
$1,575
2015 Statistics
Mean
Median
$872
$826
*May include duplicates. Not a measure of pure market activity.
12
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
$21
$39
$33
$50
$50
$45
$50
$40
$65
$45
$40
$35
$80
$125
$125
$175
$175
$175
$90
$85
$150
$115
$150
$140
$15
$20
$15
$15
$15
$15
$15
$20
$15
$20
$20
$16
$40
$35
$35
$35
$20
$30
$30
$30
$25
$35
$30
$30
13
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.
14
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
2015 Range
Sales *
Low
High
59
19
7
44
1
64
16
10
22
16
13
53
14
$896
$403
$1,502
$629
$1,979
$1,039
$558
$1,094
$1,103
$849
$1,038
$830
$875
$4,664
$1,500
$2,005
$3,126
$1,979
$5,200
$3,200
$2,826
$3,246
$2,450
$2,500
$3,500
$2,080
2015 Statistics
Mean
Median
$2,158
$843
$1,725
$1,510
$1,979
$2,775
$2,175
$1,929
$2,076
$1,727
$1,602
$1,872
$1,328
$2,225
$776
$1,650
$1,503
$1,979
$2,508
$2,181
$1,983
$1,937
$1,728
$1,500
$1,700
$1,308
*May include duplicates. Not a measure of pure market activity.
15
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
2015 Range
Sales*
Low
High
13
5
0
22
0
9
3
8
2
7
6
13
1
89
$422
$1,451
$168
$709
No Sales Reported
$433
$1,630
No Sales Reported
$585
$1,600
$725
$1,583
$311
$1,000
$512
$900
$488
$1,234
$465
$1,147
$375
$975
$745
$745
$168
$1,630
2015 Statistics
Mean
Median
$805
$717
$440
$463
No Sales Reported
$831
$804
No Sales Reported
$1,077
$800
$1,041
$815
$799
$830
$706
$706
$780
$725
$753
$736
$590
$595
$745
$745
$786
$725
*May include duplicates. Not a measure of pure market activity.
16
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
$35
$25
$25
$15
$25
$30
$25
$40
$30
$30
$30
$30
$20
$90
$50
$50
$75
$50
$150
$80
$80
$80
$60
$90
$100
$50
$10
$10
$8
$10
$10
$10
$6
$10
$10
$18
$12
$10
$10
$25
$20
$20
$40
$20
$40
$34
$35
$25
$40
$35
$30
$20
17
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.
18
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
2015 Range
Sales*
Low
High
43
35
22
27
42
15
11
4
6
8
6
38
$710
$925
$750
$1,100
$900
$1,100
$1,220
$1,300
$1,275
$950
$1,500
$1,300
$2,717
$1,960
$1,850
$2,858
$3,300
$2,875
$2,225
$3,600
$2,600
$1,920
$2,365
$3,325
2015 Statistics
Mean
Median
$1,570
$1,355
$1,234
$1,958
$1,777
$1,995
$1,776
$2,069
$1,737
$1,504
$1,809
$2,084
$1,525
$1,425
$1,200
$1,949
$1,600
$2,000
$1,830
$1,688
$1,579
$1,545
$1,775
$1,968
*May include duplicates. Not a measure of pure market activity.
19
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
2015 Range
Sales*
Low
High
27
13
6
17
13
4
8
6
10
7
3
11
125
$600
$625
$750
$800
$700
$743
$1,000
$1,650
$905
$700
$1,020
$710
$600
$1,400
$1,700
$1,075
$1,700
$1,800
$1,000
$1,500
$3,600
$1,667
$1,025
$1,175
$2,850
$3,600
2015 Statistics
Mean
Median
$963
$934
$902
$1,106
$1,085
$857
$1,239
$2,397
$1,373
$908
$1,093
$1,527
$1,155
$985
$890
$905
$1,000
$1,008
$842
$1,200
$2,240
$1,488
$950
$1,085
$1,438
$1,000
*May include duplicates. Not a measure of pure market activity.
20
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
$20
$25
$23
$31
$40
$23
$22
$35
$39
$35
$35
$28
$33
Pasture
High
$65
$65
$65
$75
$75
$65
$65
$90
$92
$70
$65
$65
$80
Low
$15
$15
$14
$15
$15
$15
$13
$15
$15
$14
$15
$12
$13
High
$25
$25
$25
$35
$25
$35
$40
$35
$55
$35
$30
$35
$40
21
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.
22
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
2015 Range
Sales*
Low
High
43
10
38
48
23
22
18
13
20
33
8
44
$963
$1,420
$2,968
$1,600
$1,600
$677
$2,376
$1,200
$1,571
$1,679
$3,056
$1,063
$4,944
$2,611
$5,670
$5,959
$4,250
$2,769
$4,600
$4,500
$3,000
$5,738
$5,128
$3,859
2015 Statistics
Mean
Median
$3,091
$1,850
$4,275
$3,855
$2,724
$1,599
$3,401
$2,321
$2,264
$3,684
$4,159
$2,382
$2,869
$1,750
$4,151
$3,714
$2,500
$1,413
$3,241
$2,143
$2,260
$3,413
$4,113
$2,345
*May include duplicates. Not a measure of pure market activity.
23
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
2015 Range
Sales*
Low
High
3
12
1
8
13
15
0
6
9
2
3
11
83
$328
$2,000
$820
$2,100
$1,425
$1,425
$1,250
$2,819
$944
$2,050
$514
$1,564
No Sales Reported
$1,000
$1,243
$1,115
$1,815
$784
$913
$1,396
$1,735
$585
$1,277
$328
$2,819
2015 Statistics
Mean
Median
$946
$510
$1,316
$1,338
$1,425
$1,425
$2,402
$2,574
$1,429
$1,400
$1,093
$1,171
No Sales Reported
$1,090
$1,099
$1,312
$1,252
$849
$849
$1,622
$1,735
$910
$825
$1,315
$1,200
*May include duplicates. Not a measure of pure market activity.
24
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
$60
$35
$50
$50
$35
$27
$50
$40
$40
$70
$60
$50
$155
$105
$180
$200
$100
$70
$165
$90
$85
$180
$175
$135
$15
$20
$15
$15
$15
$15
$15
$15
$13
$15
$15
$11
$35
$45
$25
$50
$37
$40
$50
$50
$35
$35
$36
$50
25
Regional Cropland Trends
(Regional Price Index per Acre)
Regional Index*
2015
Red River Valley $4,500
% Change
-9%
Northeast $2,279
% Change
-10%
Northwest/Central $1,823
% Change
-2%
Southwest $1,739
% Change
-13%
Southeast $2,967
% Change
-10%
2014
$4,935
-5%
$2,539
-8%
$1,854
-1%
$2,009
17%
$3,313
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
$3,301 $3,090
7%
19%
$1,680 $1,451
16%
27%
$1,089
$886
23%
23%
$1,032
$788
31%
12%
$1,999 $1,631
23%
23%
*The Regional Index gives equal weight to each reporting market area within the designated region
26
North Dakota Cropland Trend
(State Price Index per Acre)
$3,500
$3,000
$2,500
$2,000
$1,500
$1,000
$500
$0
2006
2007
2008
2015
State Index* $2,661
% Change
-9%
2009
2010
2011
2012
2013
2014
2015
2014
2013
2012
2011
2010
$2,930
$2,953
$2,530
$1,820
$1,569
-1%
17%
39%
16%
21%
*The State Index gives equal weight to all 55 reporting market areas in ND
27
ND Chapter Directory – 2015
Jeff Berg, ARA
(218) 354-7000
Dwight Hofland, AFM/AAC (701) 630-4359
Crown Appraisals
Fee Appraiser
602 Front St. N
Barnesville, MN 56514
CG in ND, MN, SD
Email [email protected]
Pifer’s Auction and Realty
1506 29th Ave South
Moorhead, MN 56560
Email [email protected]
John Botsford, ARA
Scott Huether
(701) 795-4553
Farm Management
Ag Consulting
(701) 793-6789
Red River Land Company
Land Broker
3100 South Columbia Road
Grand Forks, ND 58201
CG in ND, MN
Email [email protected]
Farmer’s National Company
Farm Management
6607 Highway 32
Real Estate Sales
Lisbon, ND 58054
Email [email protected]
Roger Durensky, ARA
Joe Ibach, MAI
(701) 499-2516
(701) 255-3181
Ag Country FCS
Staff Appraiser
PO Box 6020
Fargo, ND 58108
CG in ND, MN, SD
Email [email protected]
Dakota Appraisal, Inc.
Fee Appraiser
PO Box 1235
Bismarck, ND 58502
CG in ND
Email [email protected]
Brian Field, ARA
James Ivers, AFM
(218) 354-7000
(701) 795-3313
Crown Appraisals Inc.
Fee Appraiser
602 Front Street North
Barnesville, MN 56514 CG in MN, ND
Email [email protected]
Farmer’s National Company
Farm Management
PO Box 5088
Land Broker
Grand Forks, ND 58201
Email [email protected]
Andrew Gudajtes, ARA
Wade Iverson, MAI
(701) 779-7305
(701) 839-5658
Farmer’s National Company
Fee Appraiser
PO Box 5088
Land Broker
Grand Forks, ND 58201
Email [email protected]
Farm Credit Services of ND
Staff Appraiser
PO Box 70
Minot, ND 58703
CG in ND
Email [email protected]
David Hagert
Tim Kreft, ARA
(701) 746-8580
Agri Data Inc.
PO Box 8372
Grand Forks, ND 58202-8372
Email [email protected]
A.J. Hammen
(701) 499-2611
AgCountry FCS
Appraiser
PO Box 6020
Fargo, ND 58108
CG in ND & MN
Email [email protected]
(701) 787-6637
Brie Leier
(701) 852-1265
AgCountry FCS
Staff Appraiser
2424 32nd Ave. S.
Grand Forks, ND 58201
Email [email protected]
Farm Credit Services of ND
Staff Appraiser
PO Box 70
Minot, ND 58703
CG in ND
Email [email protected]
Brad Haugen, ARA
Terry Longtin, AFM
(701) 838-1451
(701) 780-2828
Haugen Farm Realty, Inc.
Appraiser
3108 S Broadway, Ste 1
Land Broker
Minot, ND 58701
CG in ND
Email [email protected]
Farmer’s National Company
Farm Management
PO Box 5088
Grand Forks, ND 58201
Email [email protected]
Ryan Haugen
Mark McDermott, ARA
(701) 839-1451
Haugen Farm Realty, Inc.
Appraiser
3108 S Broadway, Ste 1
RE Agent
Minot, ND 58701
Email [email protected]
(701) 663-6487
Farm Credit Services
Staff Appraiser
1600 Old Red Trail
PO Box 649
Mandan, ND 58554
CG in ND
Email [email protected]
28
Craig McIvor
(701) 572-0895
Eric Skolness, AFM
(218) 233-1333
Dakota Realty & Appraisal
Fee Appraiser
PO Box 786
Land Broker
Williston, ND 58802-0786
CG in ND
Email [email protected]
Farmers National Company
Farm Management
PO Box 234
Land Broker
Glyndon, MN 56547
Email [email protected]
Jayson Menke
Max Steffes
(701) 795-3407
(701) 237-9173
Farmers National Company
Farm Management
2300 S. Columbia Rd.
Grand Forks, ND 58201
Email [email protected]
Steffes Group, Inc.
Real Estate Sales
2000 Main Ave E
Farm Management
West Fargo, ND 58078
Email [email protected]
Guy Miller
Rodney Steffes
(218) 643-5505
(701) 237-9173
Miller Realty, Inc.
Associate Member
522 Minnesota Avenue
Breckenridge, MN 56520
Email [email protected]
Steffes Group, Inc.
Farm Management
2000 Main Ave E
Real Estate Sales
West Fargo, ND 58078
Email [email protected]
Jared Miller
Tim Terras, ARA
(218) 643-5505
(701) 499-2584
Miller Realty, Inc.
Associate Member
522 Minnesota Avenue
Breckenridge, MN 56520
Email [email protected]
Ag Country FCS
Staff Appraiser
PO Box 6020
Fargo, ND 58108-6020
CG in ND, MN
Email [email protected]
Shirley Milli, RPRA
Kaitlyn Timian
(612) 713-5427
(701) 499-2568
US Interior, Fish & Wildlife
Sr Review Appraiser
5600 American Blvd. W, Ste 930
Bloomington, MN 55437
CG in MN
Email [email protected]
Ag Country FCS
Staff Appraiser
PO Box 6020
Fargo, ND 58108-6020
Email [email protected]
Kyle Nelson, ARA
Tim Timian, ARA
(701) 237-0059
Farmer’s National Company
Fee Appraiser
PO Box 576
Land Broker
West Fargo, ND 58078
CG in MN, ND
Email [email protected]
Steve Olson
(701) 967-8572
Fee Appraiser
CG in ND, MN
(701) 788-3615
Olson Appraisals
Fee Appraiser
440 Olson Drive
Mayville, ND 58257
CG in ND
Email [email protected]
Charles Peterson, AFM
Timian Appraisal Service
Agri Valley Insurance
PO Box 127
Arthur, ND 58006
Email [email protected]
Rodger Tinjum, ARA
(218) 847-3885
Tinjum Appraisal Company
PO Box 1368
Detroit Lakes, MN 56502
Email [email protected]
Fee Appraiser
CG in ND, MN
(701) 241-8206
US Bank
Farm Management
505 2nd Ave. N
Fargo, ND 58102
Email [email protected]
Steve Tomac, ARA
2498 59th St.
Retired
St. Anthony, ND 58566
CG in ND
Email [email protected]
(701) 445-7364
Brent Qualey, ARA
Paul Vorachek, ARA
(701) 284-6785
(701) 237-0059
Farmer’s National Company
Fee Appraiser
4141 31 Ave S, Ste 101
Land Broker
Fargo, ND 58104
CG in ND, MN
Email [email protected]
Vorachek Farm Appraisal
Fee Appraiser
214 Hill Avenue North
Park River, ND 58270
CG in ND, MN
Email [email protected]
Les Roos, ARA
Roy Wasche
(701) 775-4944
Roos & Associates, Inc.
Fee Appraiser
1397 Library Circle, Suite 102
Grand Forks, ND 58201
CG in ND, MN
Email [email protected]
(701) 232-6376
Farmers National Company
Farm Management
PO Box 1623
Land Broker
Fargo, ND 58102
Email [email protected]
29
Shawn Weishaar, ARA
(710) 376-3582
Weishaar Appraisals
1008 31st St. NE
Lemmon, SD 57638
Email [email protected]
Fee Appraiser
Dale Weston, AFM
(701) 237-0059
CG in ND, SD
…………………………………………
Farmer’s National Company
Farm Management
4141 31st Ave S, Ste 101
Land Broker
Fargo, ND 58104
Email [email protected]
Chad Wigestrand, ARA
Notes
(701) 787-6683
AgCountry FCS
Staff Appraiser
2424 32nd Ave. S.
Grand Forks, ND 58201
CG in ND, MN
Email [email protected]
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Professional Designation Guide
CG – Certified General Appraiser
AAC – Accredited Agricultural Consultant
ARA – Accredited Rural Appraiser
AFM – Accredited Farm Manager
RPRA – Real Property Review Appraiser
MAI – Member Appraisal Institute
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