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).
The crash was especially severe in Iowa, where the value of the state's farmland plunged from $2,147 an acre in 1981 to a low of $787 five years later, a drop of 63 percent. A third of the state's farms went out of business.
According to the USDA and the Minnesota Ag Statistics Service, the average value per acre of cropland on Jan. 1, 2002 was $1,500. On Jan. 1, 2012, the average value of cropland was $4,050 per acre. The average price paid for renting Minnesota cropland in 2002 was $81 per acre.In 2012, the average price was $151 per acre. Interestingly, Minnesota farmers who rented pasture in 2002 paid $19 per acre, and in 2012 the average rent was $24.50 per acre, according to the Minnesota Ag Statistics.The USDA numbers are based on collected survey data.n 2012, the average price was $151 per acre. Interestingly, Minnesota farmers who rented pasture in 2002 paid $19 per acre, and in 2012 the average rent was $24.50 per acre, according to the Minnesota Ag Statistics.