Land Market
Mon Dec 15, 2014 05:10 PM CST

Everyone knew $7 corn could not last forever. Even as land prices topped the $10,000-per-acre mark in parts of the Midwest, there was that nagging voice asking, "What is an acre of ground worth when the value of the commodity it produces drops by half?" Murray Wise, head and founder of Murray Wise Associates, based in Champaign, Ill., believes cash rent rates will be the key to where cropland prices go in 2015.

Most land appraisers and farm managers across the country agree. Here's ...

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