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Farmland Prices Are Up

by

Prices for Indiana farmland are on the way up thanks for low interest rates and more demand than supply.

A September study by Purdue University found prices were as much as 18 percent higher than in 2011 ranging from $6,000 to as much as $11,000 an acre.

Tillable land seems to be drawing the highest prices mainly due to Indiana's strong agricultural economy.

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