U.S. farmland values continued to rise in 2012 despite the drought. A report in Business Insider said new energy deposits in the Dakotas were some of the reason but high crop prices and high crop insurance payments are the biggest reason..
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Ed Lentz, Extension Educator for the OSU Extension Office in Hancock County talking to us about the reasons behind high land values locally. The key for us here in northwest Ohio is good prices on grain crops..
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Farmland values are expected to remain elevated for 2013.
