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Escalating crop prices drive up farmland values
Source: Sioux City Journal, by Dave Dreeszen
March 06, 2011
Area farmland values soared to all-time highs in recent months, with few signs of peaking yet. In Iowa and eastern Nebraska, average values rose 16 percent and 10 percent, respectively, in the last half of 2010, compared to a year earlier, according to a survey by Farm Credit Services of America, the largest agriculture lender in the two states.
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