It"s always difficult, when using averages like the Iowa Univ, to tell how well it applies to particular local areas. At 9k per acre, an acre would seem to be much closer to the value assigned to the 81 peak (in purchasing power, if the acre was sold for cash). On the other hand, if good land brings 9k, then middling or poorer land would drag down the average. It"s all too easy to think "Wow! I got this place for $10K 10-20 yrs ago, and now it"s worth $50K!! I really hit it big!!---The true valuation, and whether you"re better off financially, is what the 50K dollars would buy today in relation to what the 10K dollars would"ve bought at the time of purchase, and there"re so many variables that it"s only an approximation at best.
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Today's Featured Article - Show Coverage: Godfrey, Illinois Country Days - by Cindy Ladage. Except for last fourth of July's Old Gold show in Springfield, Illinois, I don't remember when it was so hot. Nevertheless, the heat didn't keep vendors and visitors alike from enjoying the third annual Country Day's Event. Jane Elliott said the event was originally a one man show. "Barry Seiler, owner of Country Town Farm Supply store used to invite people up to the Johne Deere store. He would give hats and a free meal for everyone that brings a tractor." Elliott said while this
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