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Survey Shows Land Prices Up in 2014

Despite lower crop prices

Land prices in Missouri increased in the past year at a rate higher than expected.

Results of the 2014 University of Missouri Extension annual land value survey of lenders, appraisers and brokers showed an increase for cropland values by 4.6%, nearly double what survey respondents predicted last year.

“That’s a bit surprising given the weakness in crop prices,” says Ron Plain, University of Missouri Extension agricultural

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