The Illinois Society of Professional Farm Managers and Rural Appraisers (ISPFMRA) has released its annual "Illinois Farmland Values & Lease Trends" report.



Spurred by low interest rates, a record-breaking 2004 crop and tax-free 1031 exchanges, the value of land rated rose by 20% statewide.



Copies of the report are available at www.ISPFMRA.org. Access the "Land Values & Lease Terms" link from the right-hand column. Price is $7.50 plus $2 shipping.