The President of the Senate (who by the Constitution is also the Vice President of the United States) is Joseph Robinette BIDEN (D). The President pro tempore of the Senate is Daniel Ken INOUYE (D-HI). The Senate Majority Leader is Harry Mason REID (D-NV). The Senate Minority Leader is Addison Mitchell McCONNELL (R-KY).
Acre of farmland that a decade ago sold for an average of $2,275 now goes for $8,700. Some banks have responded by becoming more conservative in their loans as farmland values ascend. USDA has predicted more typical weather conditions in 2013 would generate a record corn and soybean harvest.
Where growth in values occurred it was at a slower rate than recorded during 2012. The strongest rise in values occurred for grade 3 arable land with growth of 3.3% to average Â£5,683 per acre and prime dairy land where a 2.2% increase pushed average values up to Â£6,135 per acre.he gap currently is as much as Â£4,600 per acre. Graph 4 illustrates farmland values adjusted for inflation and interestingly highlights a similar pattern in terms of the difference in value between the best and poorest prices paid for farmland in the mid-nineties.