According to LandOwner newsletter, land values have been increasing dramatically over the U.S. I've seen that in my area too. I bid up to $1,740 per acre on some nearby land (sold for $1,750) that was appraised two weeks before for around $1,100 and could probably sell now (three or four years later?) for around $3,000 per acre.

It is just a few page newsletter that focuses on property values, but you can get more information about the newsletter at the following link.

http://www.agweb.com/profarmer.asp?sigcat=profarmer

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