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Land Resources / News / Illinois

Despite higher prices farmland sales remain brisk

Source: The News-Gazette, by Christine Des Garennes
November 14, 2010
When veteran auctioneer Gordon Hannagan began marketing about 137 acres of farmland near the Champaign-Vermilion County Line, he knew that the sale would attract a number of buyers and that the land would fetch a good price because of its good soil, drainage and location.

"I knew it was going to be good, but didn't think it'd be that good," he said about the price.

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