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Honored Advisor
Posts: 14,420
Registered: ‎05-13-2010
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Re: Midwest Farmland Value Up 1%

Kind of find that surprising.  There`s a nice farm in Minnesota went for $4,500 at auction and it`s pending, young guy got in trouble feeding cattle, now on a deal like that a uncle might bail him out as it went "too cheap" on the open market.   Deals like that make it hard to assess a price.  The real test is when a few people have to sell, at an absolute auction with no reserve. Currently land is still in strong hands.