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Land Resources / News / Nevada
Why farmland is skyrocketing
Source: DesMoinesRegister.com, by Dan Piller
Nevada, Ia. - A wave of farmland sales bringing $8,000 per acre and higher rolled across Iowa last month, prompting farmers, Realtors and lenders to ask: "How high will land prices go?" December 05, 2010 A 50 percent rise in the price of corn since June is putting more cash in the pockets of farmers, who in turn are bidding up the price of land at the traditional post-harvest auctions.
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