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US farmland values hit by fall in nut prices

This article was originally published in Foodnews

The value of farmland in California’s central San Joaquin Valley eased for some crops as prices for several major commodities declined and access to water remained a concern, according to the Trends in Agricultural Land & Lease Values report released on March 30. A significant part of this was the tumble in the value of nut crops and the corresponding drop in the price for acres planted in almonds.

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