Indiana Land Values Decline
نویسنده
چکیده
T he 1999 Purdue Land Values Survey indicates that the value of an acre of average bare Indiana cropland was $2,092 per acre in June 1999. This was $63 less than the value reported in June 1998, a 2.9 percent decrease. This decline ends 11 consecutive years of increasing values. Cash rents declined from 1998 to 1999 on average land by a little less than two percent to $110 per acre. This is the first decline in cash rental rates for average land since the decline reported in 1993.
منابع مشابه
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