Minnesota land tops out at $4,500 an acre | Morris Sun Tribune

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Minnesota land tops out at $4,500 an acre

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After spending months on the sidelines, investors are starting to return to the nation's agriculture land as a home for their investment dollars, according to an employee-owned agricultural real estate management company.

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Investors have long played a role in the land-buying market, but toward the end of 2008 those once active investors retreated, according to Lee Vermeer, AFM, vice president of real estate operations at Farmers National Company.

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