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Minn. cropland values, cash rents rise sharply in 2011

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WILLMAR -- According to the U.S. Department of Agriculture, Minnesota cropland values and average cash rental rates continued their strong and steady climb upward in 2011.

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According to USDA's National Agricultural Statistics Service, average cropland values in Minnesota increased by 13.5 percent in 2011, to an average of $3,200 per acre, up from $2,820 per acre in 2010.

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