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Weak Commodity Prices Keeping Illinois Farmland Values Steady

Weak commodity prices are keeping farmland values steady. Dave Klein with Soy Capital Ag Services has a snapshot from the first six months of 2017 in Illinois.



The data from the Illinois Society of Professional Farm Managers and Rural Appraisers was shared at this week’s Farm Progress Show in Decatur. Klein says rental rates are following farmland value trends. 



A farmland sale in Logan County for Class A ground brought a top of $12,200 per acre last week. 

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