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Cash rents increased in 2014
USDA’s National Ag Statistics Service has updated their cash rental rates. Based on survey information, cropland cash rent in Indiana averaged $195 per acre in 2014, up $3 from the previous year; the Corn Belt average increased $3 from the last year to $212 per acre.
Pasture rents in Indiana averaged $40.00 per acre compared to the Corn Belt average of $34.50.
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