The South Dakota Office of School and Public Lands held their annual land lease auction through the months of March and April.

Interim Commissioner Jerrod Johnson says they had a small offering this year of about forty thousand acres…..

Johnson says overall they saw an increase in the rental bids….

Johnson says their market follows livestock prices, to a degree……

The officer oversees over seven hundred fifty thousand acres of public lands, with different parcels coming up for lease auctions every year.