Agricultural land in Alto Paraná is now more expensive than in the US

An investigation by the Center for Analysis and Diffusion of the Paraguayan Economy (Cadep) revealed that the average price of agricultural land in Paraguay is similar to that of productive areas in the United States and even higher in some cases, such as the price of land in Alto Paraná, whose price is USD 14,858 per hectare; almost double that of the US state of Iowa. The gap is even more notable in the Central Department, characterized by high real estate growth, although it is also an important fruit and…
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