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Agricultural land prices slip from record levels, reports RICS

Farmland prices edged down from record levels in the third quarter of the year. But according to a report by the Royal Institution of Chartered Surveyors, they were still 30% higher than a year ago.

The survey found that strongest demand came from large farmers and agribusinesses. Average prices for farmland were £7,324 per ha, 2% below the peak reached in the second quarter.

  • Financial Times 29/10/96 page 8

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