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600 E. Boulevard Ave.
  Bismarck, ND 58505-0599
  701.328.7088 phone
  701.328.3700 fax
  877.328.7088 toll-free
FOR IMMEDIATE RELEASE Contact: Beth Boustead, Public Information Specialist, 701.328.3039
Monday, January 23, 2012

Tax Commissioner Fong & Agriculture Commissioner Goehring to Co-Host Meeting to Discuss 2012 Agricultural Land Values

BISMARCK, N.D. Tax Commissioner Cory Fong and Agriculture Commissioner Doug Goehring will co-host a meeting with representatives of the state's agricultural organizations to discuss the 2012 agricultural land values on Wednesday, January 25. The meeting will begin at 1:30 pm in the Pioneer Room (located on the Ground Floor of the Judicial Wing of the State Capitol). Staff from the Tax Department, Department of Agriculture, along with the Department of Agribusiness and Applied Economics at NDSU will be on hand for the discussion.

The meeting will include a review of how agricultural land values are determined focusing on the impacts of production, the costs of production and the capitalization rate on the 2012 agricultural land values.

For more information about the meeting, please contact Peggy Brintnell, Executive Assistant to Commissioner Fong at 701.328.2771 or by email at pabrintnell@nd.gov.

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