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LAND PRICES KEEP RISING

Aug 1, 2006 12:00 PM, Compiled By Greg Lamp

Surveys by the Federal Reserve bank districts show solid to spectacular increases in farmland values across the nation. The Minneapolis district reported a 15.5% jump in non-irrigated land prices. The Kansas City district saw a 9.2% increase in non-irrigated values. And the Chicago district recorded a 10% rise in land prices in the fourth quarter of 2005 compared to a year earlier.

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