WEST LAFAYETTE – The 2018 Purdue Farmland Value Survey indicates a mixture of increases and decreases in Indiana farmland values and cash rents.
On a statewide basis, June year-to-year farmland val-ue comparisons indicate an uptick for top, average, and poor quality farmland.
That was not the case here in Northeast Indiana, where declines in farmland values ranged from 0.1% to 2.9%. Top quality, average quality, and poor quality farmland declined by 2.2%, 2.9%, and 0.1%, respectively. The per acre value for top, average, and poor quality farmland in the Northeast was $8,176, $6,818, and $5,557, respectively.
That was lower than the statewide average for all three classes.
Rounding these changes to the nearest percent indicates a 2% statewide increase for each land quality.
(01-27-2020) Area unemployment was down in December
(01-27-2020) Busy year for road projects in Sturgis
(01-27-2020) Bicyclist struck by car in Cass County
(01-27-2020) Homicide investigation uncovers marijuana growing operation
(01-27-2020) Snow ice closed many schools this morning
(01-27-2020) Goshen man hurt when car hits utility pole
(01-27-2020) PH students do well at Thespian Conference
(01-27-2020) Weekend arrests in Lagrange County
(01-25-2020) Girls go missing in Goshen
(01-24-2020) Man dies after ice fishing at Snow Lake
(01-24-2020) Threat made at PHHS leads to student suspension
(01-24-2020) Police arrest three following complaint of battery
(01-24-2020) Michigan jobless rate down in December
(01-24-2020) Indiana jobless for December at 3.2%
(01-24-2020) LaGrange Co. government getting technology refresh
(01-24-2020) SJC Treasurer Judy Ratering to retire after current term
(01-23-2020) Parkview announces changes for Parkview Warsaw
(01-23-2020) Butler message therapist charged with rape
(01-23-2020) Cell phone ban clears House committee