DES MOINES, IOWA (RFD NEWS) — Several recent farmland auctions in Illinois posted some notable results. Four tracts were up for sale, and combined, they brought in roughly $4.1 million. Here’s a breakdown:
- In Bureau County, 120 taxable acres sold for $9,400 per acre, totaling about $1.1 million.
- In Marshall County, nearly 40 acres sold for approximately $550,000 — or about $14,000 per acre.
- In McLean County, 118 acres brought $12,000 per acre.
- In Stark County, 104 acres changed hands for more than $10,000 per acre.
Taken together, the sales offer another snapshot of how farmland real estate values are holding up in parts of the Midwest.
There have been several notable ag land sales across farm country in recent months, as producers weigh opportunities to buy or sell amid shifting market conditions. With multiple factors poised to influence the land market in the months ahead, interest remains high.
Jim Rothermich with the American Society of Farm Managers and Rural Appraisers (ASFMRA), who tracks land auctions across Iowa, joined us on Wednesday’s Market Day Report with an update on farmland auctions in the Midwest.
In his interview with RFD NEWS, Rothermich discussed how market conditions played out in 2025 based on auction data. He also addressed the total number of acres auctioned in 2025, how activity is shaping up so far in 2026, and what opportunities may exist for land buyers heading into the year, as producers assess their next move in a changing market.
Fair market value shapes taxes, transitions, lending, and sales, making accurate valuation essential for long-term planning.
December 01, 2025 11:21 AM
·
SDRP Stage 2 now helps producers recover shallow, uninsured losses from major 2023–2024 disasters, with streamlined sign-ups open through April 30.
December 01, 2025 11:16 AM
·
Low farmer shares reflect deep consolidation across the food chain, keeping producer returns thin even as retail food prices remain high.
November 25, 2025 03:02 PM
·
Strong yields and higher cattle prices helped stabilize conditions, but weak crop prices and rising carryover debt remain major challenges for Eleventh District farmers.
November 25, 2025 02:55 PM
·
Former Market Day Report anchor Janet Adkison was inducted into the National Association of Farm Broadcasting Hall of Fame, recognizing over 20 years of service sharing stories that impact Rural America.
November 25, 2025 02:43 PM
·
Jake Charleston, with Specialty Risk Insurance, joins us now for an industry update and advice for cattle producers as they consider options for managing the risks of a murky market.
November 25, 2025 01:26 PM
·
The National Milk Producers Federation will launch a new advocacy campaign to secure a final vote, urging House lawmakers to approve the bill as soon as they return from the Thanksgiving recess.
November 25, 2025 01:09 PM
·
AFBF Vice President of Public Policy and Economic Analysis, Dr. John Newton, explains the factors contributing to the growing financial strain in the ag sector and the urgent need for swift economic support.
November 25, 2025 12:40 PM
·
Farmers with unpaid Hansen-Mueller grain should verify delivery records immediately and file indemnity claims quickly, as coverage rules differ sharply by state.
November 24, 2025 02:32 PM
·
