Farmland prices continue to increase. U.S. Department of Agriculture (USDA) (see here) estimates the average 2012 Illinois farmland price at $6,800 per acre, 17 percent higher than the $5,800 price in 2011. The Chicago Federal Reserve Bank (FED) (see here) estimates price increases at 15 percent between July 1, 2011 and July 1, 2012 for […] ↓ Read the rest of this entry...
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