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August 06, 2014 Corn Ethanol Helps Create Boom Times for Midwestern Farmland After bottoming out in the late 1980s, the value of farmland in the Midwestern U.S. has risen dramatically. For example, the value of high-quality Iowa farmland has increased 12.5% annually, on average, since 2000. The increase has been driven in part by higher world demand for grain, say Jeffrey R. Stokes and Arthur T. Cox of the University of Northern Iowa; past research has found that farmland values are highest near plants that convert corn into ethanol for fuel. SOURCE: The Speculative Value of Farm Real Estate

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