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AgLetter, No. 1956, May 2012
AgLetter: May 2012
According to the most recent AgLetter, Seventh District farmland values in the first quarter of 2012 were 19 percent higher than a year ago. The value of “good” agricultural land in the first quarter of 2012 was 5 percent higher than in the fourth quarter of 2011.

Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

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