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Land Resources / News / Indiana
Market wary investors push up farmland prices
Source: KPCNews.com, by Doug LeDuc
Roy Buskirk is a recently retired farmland appraiser who continues to track prices in the area because it helps with his work as a member of the Allen County Council and Allen County Plan Commission. During the past 12 months he has seen northeast Indiana farmland values rise as much or more than the Dow Jones Industrial Average — without any of the volatility stock investors have witnessed. Farmland prices “went up substantially, and I think they will continue to go up because every time the stock market goes down investors buy land,” he said. August 28, 2011
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