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This report is a summary of the data contained on the farmland sales portion of the Minnesota Land Economics (MLE) web site (http://landeconomics.umn.edu ) as of March 15, 2014. It is formally reissued each year, as new sales data become available. The present document consists largely of graphs...
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We evaluate how land use change and the value ecosystem services affect the decision to invest in public land acquisitions. Our application is for the state of Minnesota, and we consider the acquisitions by Department of Natural Resources over the last two decades. We calculate a return on...
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Impacts of Fish and Wildlife Service wetland easements on agricultural land values in North Dakota were estimated by regressing sale prices on physical and institutional characteristics of sold parcels. While easements on temporary wetlands did not influence prices, each additional acre of...
Persistent link: https://www.econbiz.de/10005003855
We divided the thirteen-county Twin Cities Metropolitan Statistical Area into a core and a fringe of seven and six counties, respectively. The National Resources Inventory estimates that 170 thousand acres of the Core were converted from agriculture to other uses between 1982 and 1987, while...
Persistent link: https://www.econbiz.de/10005061134
Both federal income tax law and local property tax assessment practice are premised on the theory that permanent conservation restrictions reduce property values, while shorter term restrictions do not. An analysis of 190 recent sales of Minnesota agricultural land with varying cropping rights...
Persistent link: https://www.econbiz.de/10005061142
We develop a series of new grass-based budgets for use in FINPACK, a standard farm finance analysis tool. The new budgets are then applied to an evaluation of plausible grass-based systems on three farms in the Northern Tallgrass Prairie region of Minnesota and North Dakota. The farms are used...
Persistent link: https://www.econbiz.de/10005623993
In this paper, we postulate that uncertainties associated with nonpoint source pollution and with certain features of pollutant trading may tend to outweigh the potential benefits of pollutant trading from the standpoint of regulatory agencies and point source dischargers. After identifying...
Persistent link: https://www.econbiz.de/10005801256
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