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Friday, December 04, 2015

Farmland Value Trends

Farmland Value Trend... | Real Estate | Agriculture: We've said it many times before: Farmers will pay good money for top-quality land, no matter what commodity prices are doing. The reason is simple: "A good farm will make you money. A poor farm will nickel-and-dime you to death," says Matt Maring, who runs Matt Maring Auction in Kenyon, Minnesota.�
For that reason, Maring reckons the selling price of poor-quality land is down 30% from two years ago, while high-quality farmland is down only about 10% or so.