Southeast Agricultural Land Values Decline For 4th Year As Corn Belt, Middle America Regions Soar
Agricultural land values in the Southeastern region of the nation declined for the fourth straight year while Corn Belt agricultural land continued to soar, according to the 2012 survey of rural real values conducted by the U. S. Department of Agriculture.
“The United States farm real estate values, a measurement of the value of all land and buildings on farms, averaged $2,650 per acre for 2012, up 10.9 percent from revised 2011,” the USDA survey found. “Regional changes in the average value of farm real estate ranged from 26.7 percent increases in the Northern Plains region to a decline of 4.1 percent in the Southeast region.”
The survey does not address forestland values but does include a break out of cropland and pasture land by states.
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