Earlier quoted context omitted.
Certainly. My point is that the cost of farm land in non-populated areas is minor.
expect for the oil boom driving up land prices in non-populated areas. $9,000 is really a low figure these days.
If you're talking about oil land, then that's not really farm land, is it? It's obvious that land with good mineral/oil rights can be worth a lot more.
In any case, oil doesn't seem like a good example. A derrick and pump don't need much in the way of land, and slant drilling means that any really expensive land can be avoided. I see prices in North Dakota of 'certainly under $20,000', even in that oil boom state:
"Linda Fisher, a Land Department leasing coordinator, said the three quarterly sales [in 2010] have fetched a record $269.2 million for about 135,000 acres, compared with about $103 million for 137,800 acres for all of 2009." (http://www.deseretnews.com/article/700059300/ND-oil-lease-au... ). That's an average of about $2,000/acre, though the boom has continued since then.
"At about the same time, records and interviews show, other companies were purchasing drilling rights to land on and near the reservation for $300 to $1,000 per acre plus royalties as high as 22.5 percent.... Two lawsuits allege that by buying Dakota-3, Williams effectively paid more than $10,000 per acre for those rights." (http://www.opb.org/news/article/land-grab-cheats-north-dakot...; )
I haven't found anything which says that $9,000/acre for oil land is "really a low figure these days." If anything, that seems to be only somewhat below the going rate.
On the other hand, it is high compared to non-irrigated farm land, which goes for no more than $3,000/acre for the most expensive county average in North Dakota. (The value in most counties is usually under $1,000/acre.)
So, where is this $20,000+/acre land you're talking about?