A certified appraiser with Compeer Financial says farmland values in southwest Minnesota have risen nearly 40 percent in four years.

Rachel Daberkow tells Brownfield one way the farm credit cooperative tracks the market is by using a benchmark property located in the southwest corner of the state.

“And since 2020, we’ve actually seen about a 30 to 40 percent increase in land values.”

She says recent sales indicate relative stability in the farmland prices.

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