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The average price of top-quality farmland reached $14,392 per acre, a 4.8 percent increase from June 2023.
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Wabash Valley Resources intends to pipe and inject 1.67 million tons of carbon dioxide annually a mile below the area’s surface as part of its plan to produce “green” anhydrous ammonia fertilizer at a former coal gasification plant in Vigo County.
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Witnesses pushed for farmland preservation, higher Medicare-Medicaid reimbursement rates and more — but every action has consequences.
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Foreign entities own 40 million acres of American agricultural land, and states like Indiana are increasingly cracking down.
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The new law directs the Indiana State Department of Agriculture to inventory farmland that’s been lost to new homes, industries and commercial developments over the last 12 years.