Agricultural land values soar in Midwest; down in Southeast

The U.S. Department of Agriculture reports that land values have soared this year in the Mid-West Corn Belt states, but are down in the Southeast, although the decline in that region may be moderating.  The government’s 2011 annual report on agricultural land values found Corn Belt values are up 15.9 percent but down 2 percent in the Southeast.  The USDA report does not cover timberland values.

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