NASHVILLE, TENN. (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.
Related Stories
Wind repowering offers a rare opportunity to renegotiate outdated leases and improve long-term land income for landowners who act early.
Rep. Erin Houchin of Indiana discusses how the Affordable Homes Act will benefit rural communities, and her broader efforts to improve access to affordable housing.
Iowa Secretary of Agriculture Mike Naig discusses market conditions, policy priorities, and his outlook for agriculture moving forward.
NEFB President Mark McHargue recaps the Farm Bureau’s Annual Convention, producer sentiment in Nebraska, and discusses key issues facing agriculture.
Roger McEowen with the Washburn University School of Law joined us to provide legal analysis on key cases shaping the agricultural landscape heading into the year ahead.
Texas Agriculture Commissioner Sid Miller today unveiled a bold plan to protect the nation’s prime farm and ranchland from the rapid spread of data centers.
The Farm Bureau’s honor highlights the important role farm dogs play on operations across the country, serving as dependable workers and trusted companions.
How the Public Trust Doctrine Threatens Agricultural Property Rights
Protein markets are fragmenting. Beef is supply-driven and more structurally expensive, whereas pork and poultry remain price-competitive.