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However, Tazewell County is credited with being the first county to use the name, "Illinois Farm Bureau." The Tazewell County Farm Bureau employed its first farm advisor on June 1, 1913. Sears Roebuck was instrumental in aiding county Farm Bureaus by offering $1000 grants to allow them to begin work throughout the county.
According to a 2023 article from Nasdaq, the value of farmland has been shown to rise alongside inflation, with the value of U.S. farmland hitting 10.2% in 2022 at a time when the average ...
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Corn fields in Central Illinois. Central Illinois has a diverse economy consisting of a variety of industries. Agriculture is the most significant industry in the region and ranges in scope from family farms to mass-production farms. Most counties in Central Illinois have an agriculture-based economy. The most common crops are soybeans and corn.
The report shows average Iowa farmland values fell 2.4% through June, and by the same amount over the 12 months dating back to July 1, 2023, according to the report. It tracks the value of 70 ...
Gaylon M. Lawrence (March 15, 1934 – July 10, 2012) was an American businessman and farmer. [1]Lawrence owned more than 165,000 acres of farmland in Illinois, Missouri, Arkansas and Mississippi and was the owner of U.S. Airconditioning Distributors, the world's largest privately owned heating, ventilation and air conditioning distributor.
The United States experienced a major farm crisis during the 1980s. By the mid-1980s, the crisis had reached its peak. Land prices had fallen dramatically leading to record foreclosures. Farm debt for land and equipment purchases soared during the 1970s and early 1980s, doubling between 1978 and 1984.
Iowa has tightened restrictions on foreign land buyers, which own 1.6% of the state's acreage. ... helping to drive Iowa farmland values to ... lost nearly 586,000 farm acres in the five years ...