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land prices

Articles: 23 results from the past year. For older articles, see advanced options.

Tumbling grain prices, no crash in farmland
CHICAGO — David Fullington paid a “ridiculous” price of $13,600 an acre for a 200-acre farm in Illinois within the past year and says he and his partners would probably bid again for prime land that is in tight supply, despite tumbling grain prices.
Monday, September, 22, 2014 - - News

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Falling price of Minn. farmland sparks fears of a bust
The boom in farmland prices of recent years could be cooling, setting up a potential economic blow to Minnesota farmers. Minnesota’s farmland is worth about $100 billion, and given that land often accounts for 80 percent of a farm’s assets, that value has served as an economic engine. It provides farmers the collateral they need to buy equipment and grow crops.
Tuesday, August, 26, 2014 - Minnesota Public Radio News - News

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Minn. farmland taxes expected to rise
Many Minnesota property owners could see some tax relief this year, but farmers can expect higher taxes for at least the next two years. “What I am hearing is it is making it much more difficult to do business as a farmer,” Rep. Paul Marquart, D-Dilworth, says of agriculture property tax increases.
Thursday, July, 17, 2014 - Minnesota Public Radio News - News

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