date:Sep 14, 2012
If you farm rented ground, the jump in what you pay for that land may not sting as badly next year as it did this year.
A recent survey of farm managers and rural appraisers in Illinois shows that, while the direction in land rent is still the same, the jump's not likely to be as steep between 2012 and 2013 as it was between 2011 and this year, says University of Illinois Extension ag economist Gary Schnitkey. In the latter timeframe, rents increased an average of 16%, matching the highest rate