Cash Rent & Land Values Survey - Burke County, North Dakota
Cash Rent & Land Values Survey - Burke County, North Dakota
Cash Rent & Land Values Survey - Burke County, North Dakota
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<strong>County</strong> Agent News<br />
Dan Folske<br />
April 8, 2013<br />
<strong>Cash</strong> <strong>Rent</strong> and <strong>Land</strong> <strong>Values</strong> <strong>Survey</strong><br />
It’s a little later than usual this year but the <strong>County</strong> <strong>Rent</strong>s and <strong>Values</strong> <strong>Survey</strong> is finally<br />
available and it’s no surprise that values are up for 2013. Cropland rents are up about five dollars<br />
per acre. The 2012 average for cropland in <strong>Burke</strong> <strong>County</strong> was $32.80 per acre and the 2013<br />
average has been published at $37.20, an increase of $4.60 per acre. The most frequently<br />
reported rate went from $30.00 per acre to $35.00 per acre. The minimum reported cash rent<br />
went from $25.00 per acre to $25.78 per acre, only 78 cents difference, while the maximum<br />
reported went from $45.00 per acre to $55.00 per acre, a jump of $10.00 per acre.<br />
Pasture rents also climbed with the average rental rate in <strong>Burke</strong> <strong>County</strong> going from<br />
$10.50 per acre to $12.10 per acre. The most frequently reported rates went from $10.00 per acre<br />
to $12.00 per acre.<br />
The reported values of the rented land also went up from $780 per acre for cropland to<br />
$817 per acre for cropland.<br />
You can access this report online at<br />
http://www.nass.usda.gov/Statistics_by_State/<strong>North</strong>_<strong>Dakota</strong>/Publications/<strong>Land</strong>_<strong>Values</strong>_and_Fa<br />
rm_Numbers/<br />
Previous years surveys can also be found at the same site for usable historic comparisons.<br />
The <strong>North</strong> <strong>Dakota</strong> Department of Trust <strong>Land</strong>s will also soon begin hosting the survey on<br />
their website at http://land.nd.gov/surface/rentsurvey.aspx<br />
2013 <strong>North</strong> <strong>Dakota</strong> Angus University Feed-Out Program<br />
The <strong>North</strong> <strong>Dakota</strong> Angus Association is again partnering with the NDSU Carrington<br />
Research Extension Center (CREC) in sponsoring the second annual <strong>North</strong> <strong>Dakota</strong> Angus<br />
University (NDAU) calf feed-out program.<br />
In the summer and fall of 2012, the first NDAU project was held with great success. One<br />
hundred and thirty nine head of yearling and fall steer calves where consigned by five producers<br />
who participated in the feed-out program at the CREC. In addition to the valuable information<br />
producers received regarding the feedlot performance of their cattle; the steers were used in a<br />
feedlot research trial. No treatments were imposed that would reduce performance of the<br />
animals. In the 2012 feed-out program, cattle gained an average of 4.50 lbs per head per day,<br />
had a feed efficiency of 6.31 pounds of feed intake (dry matter) per pound of live weight gain,<br />
and had a dressing percentage of 63.5%, with 87% grading choice or better.<br />
If you are interested in gaining a better understanding of how your Angus sired cattle<br />
perform in the feedlot, their quality grade and the potential profitability available through<br />
retained ownership; then Angus University would be a viable option for steers from your
operation. Participants in NDAU will receive periodic progress reports on their calves’<br />
performance as well as a final report on the overall performance, efficiency, and carcass traits for<br />
their calves.<br />
NDAU participant Mike Wendel from LaMoure, ND, was happy with his calves’ results<br />
in the first NDAU trial and was able to use it as a benchmark comparison in his own herd. “Not<br />
only did we get the carcass data back from the cattle we had at the University, but we also did a<br />
carcass and profit comparison to the calves we had there against the calves we kept at home,”<br />
says Wendel. “I think that was a huge bonus for us. We compared our rate of gain and carcass<br />
performance. It was a nice, unbiased comparison, and the whole process has been very<br />
educational.”<br />
The NDSU Carrington Research Extension Center requests that animal consignments be<br />
in multiples of four from each individual producer. If you are interested in participating or have<br />
questions, contact Dr. Vern Anderson at the CREC at (701) 652-2951 or email<br />
vern.anderson@ndsu.edu; or ND Angus Association Board Member Mike Wendel at 701-710-<br />
0425.