Cash land rent climb mellowing in Illinois
date:Sep 14, 2012
of year-over-year climb in more than 30 years.

Relatively small increases between 2012 and 2013 likely occur because return projections for 2013 are below those for 2012, Schnitkey says in a university report. This fundamental does not suggest increases in cash rents. Moreover, the 2012 drought may have tempered aggressiveness in setting cash rents.

You're likely to pay between 1% and 3% higher cash rent in 2013 than you have been this year, according to the survey. For land expected to produ
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