FARMLAND PRICES RISE IN 1990

January 4, 1991

American farmland prices yielded their fourth straight gain in 1990, further extending agriculture's recovery from its worst economic slump since the Great Depression. A nationwide poll of 368 farm managers and rural property appraisers found prices rose 3.1 percent nationwide in 1990, and are projected to increase 0.9 percent in 1991, despite a recessionary US economy, a shrinking farm program, and faltering international trade talks.