15-03-2013 09:05 AM | USA

Farmland prices hit double-digit increases again

Illinois farmland prices increased at double-digit percentage rates again last year, a report from the Illinois Society of Professional Farm Managers and Rural Appraisers said.

Land with excellent productivity went up in price by an average of 21 percent in 2012, according to the society's annual survey released Thursday. It was the third straight year of double-digit increases for that category of land.
Full Story : Champaign/Urbana News-Gazette