Show prica of parn farni i lal lai 0 sll sit 0 n I 1 ll 11 ease average farm land values are still on the upswing despite a decline in net farm income ac oc cording cord i ng to word from W washington as hi ng t on in the year ending nov 1 the agriculture department says they increased about eight percent throughout the united states only california and florida 1 showed declines due to low prices for citrus fruit and truck I 1 crops increases east cast of the mississippi I 1 ranged close to the eight percent average but gains of 15 to 17 percent were typical in south dakota nebraska kansas oklahoma wyoming and arkansas these are wheat and livestock states where income has ranged from three to four times the prewar tate rate the department deportment says the no vember vem avem b er level levei 1 eve 1 of 0 f land 1 an d values va 1 ues aes was above i 41 the tho mak inn 1920 peak i in all 1 but i 12 states in spite of south dako tas gain last year land values there are only 54 percent of 1920 missouri is next with 71 percent and then iowa with 72 percent other states still below the pek are nebraska minnesota wisconsin illinois nevada utah georgia south carolina and north dakota the points out that the general increase in values took place in spite y of prospects cwb for reduced net farm income this year it says land values respond hid fid slowly to form income changes and arid it adds recent declines in grain prices have increased the feeling of caution but have not yet shaken confidence that iana inna inina land prices would continue high for some time yet 11 |