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Tag "productivity index"

Illinois Farmland: Cash Rent Based on Land Productivity Index

Illinois Farmland: Cash Rent Based on Land Productivity Index

👤By Gary Schnitkey, University of Illinois Ag Economist 🕔Nov 8, 2017

Individuals often desire to arrive at an average cash rent given a farm’s inherent productivity. Herein, a method is presented for determining a 2017 benchmark rent based on that parcel’s productivity index. Given the variability in rents, a parcel’s actual

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