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19 aug 2011

16:52

Value of Illinois farmland is up

Although home values have gone down, the value of Illinois farmland is up by 18 percent. According to an August 4th report released by the U.S. Department of Agriculture, the price of Illinois farmland averaged $5,800 per acre in 2011, an increase of 18 percent over the 2010 level of $4,900.

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