Irrigation’s impact on agriculture during the drought of 2012
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The drought of 2012 was the worst since at least 1988, spanning the entire Corn Belt, from Ohio to Wyoming, and costing the agribusiness industry billions of dollars.
Agribusiness
Record yields mean lower returns for Midwest farmers
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After making record profits from 2007 through 2013, farmers in Champaign County, Ill., who rent their land are likely to lose money on both corn and soybeans in this year and next, said a University of Illinois at Urbana-Champaign economist.
Datasets and Documents
Farm land values continue to climb
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The average value for farm real estate climbed 9.4 percent from 2012, according to the 2013 Land Value Summary released late last week by the U.S. Department of Agriculture.
Datasets and Documents
Land Values report due to be released this week; trend shows continued increase in value for Midwestern farmlands
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The United States Department of Agriculture is set to release the 2013 report of agricultural land values on August 2, 2013. If trends continue as they have been for the past 10 years, then the value of agricultural land – especially in the Midwest region – will see a continuing increase.