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Iowa Farmland Moves Up 13%

The Chicago Fed reports that farmland values rose 10% in the Seventh Federal Reserve District, which covers all of Iowa, the southern two-thirds of Wisconsin, the northern half of Illinois, the northern two-thirds of Indiana and the southern three-fourths of

The Chicago Fed reports that farmland values rose 10% in the Seventh Federal Reserve District, which covers all of Iowa, the southern two-thirds of Wisconsin, the northern half of Illinois, the northern two-thirds of Indiana and the southern three-fourths of Michigan. The biggest year-over-year increase was registered in Iowa, where values were up 13% versus 2009, due in part to the limited supply of top-tier property and strong demand for American crops.

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Posted in Farming, Midwest, Regional News

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