Posted by Mike Flynn
USDA reports farm land has increased in value: USDA: Farm Real Estate Values Up 7%
Aug 04, 2011
Mike Walsten
The value of all farm real estate, which includes farm buildings as well as land, rose 6.8% over 2010 reaching an average value of $2,350 an acre, reports USDA. In its annual Land Values Summary, USDA said regional changes in the average value of farm real estate ranged from a 15.9% increase in the Corn Belt region to a 2% decline in the Southeast region. The highest farm real estate values remained in the Northeast region at $4,690 per acre. The Mountain region had the lowest farm real estate value, $923 per acre.
No comments:
Post a Comment