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In US Midwest, young farmers priced out of land. Ethanol demand has pushed Midwest farmland prices through the roof.

March 21, 2007 /

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Real estate prices in cities may be falling, but in Midwestern farm country, land values are going through the roof. Fueled by heavy ethanol demand, which has pushed up corn prices, land that sold for $4,500 an acre a year ago might go for about $6,000 an acre today.

By Amanda Paulson | Staff writer of The Christian Science Monitor

Full Story: http://www.csmonitor.com/2007/0322/p01s01-usec.html?s=hns

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