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Farm Bureau strongly opposes increase in farmland property tax assessments

The Missouri Farm Bureau urged the Missouri State Tax Commission not to increase the farmland productivity values used for property tax assessments for 2007 and 2008. According to state law, the productivity values are to be reexamined every two years and "…shall be based upon soil surveys, soil productivity indexes, production costs, crop yields, appropriate capitalization rates and any other pertinent factors…"

Farmland is divided into eight grades determined by

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