Minnesota Farmland Prices Drop in 2017
State's agricultural sector is weak but stable.
MINNEAPOLIS (AP) – Minnesota’s farmland prices dropped last year as the agriculture industry continues facing low crop prices and reduced income. The Star Tribune reports that sales data for fiscal 2017 reported to the Minnesota Department of Revenue and analyzed by the University of Minnesota indicate that the median price per acre was about $4,600, a 5.4 percent decrease from…
