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Average Price Of Farmland Is Up

It looks like the average price of farmland will continue to move upward in Illinois.  Durkin Young is an appraiser from Monmouth.  He says several recent tracts of land in western Illinois went for some big bucks.

[audio:rddfarmland.mp3]A Word From Young[/audio]

According to latest University of Illinois data, the average price of farmland in Illinois is 58-hundred dollars per acre.  In Iowa, a recent report shows farmground bringing an average price of 83-hundred an acre.

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