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Farmland Values Continue To Decline

Last updated on Friday, August 5, 2016

(UNDATED) - A Purdue University survey finds that Indiana farmland values continue their downward trend.

The 2016 Purdue Farmland Value Survey finds average declines of 8.2 to 8.7 percent from last year, depending on land quality.

It says such large declines haven't been seen since the mid-1980's.

The survey says that over the past two years, the average farmland value has fallen about 13 percent.

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