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Tag Archives: land values

LAND SALES

An article in today’s Champaign News-Gazette looks at recent land sales, including a sale Tuesday of 160 acres of irrigated farmland for $11,100/acre. Before Tuesday’s sale, Joe Bubon, who handles land auctions for Murray Wise Associates, called the market “a little spotty” this fall.

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LAND TRENDS

A Chicago Fed survey of farmland values in the district were up +3% from the year ago period and were up +2% from the first quarter of 2014.  The survey noted that prices of soy and corn in spring this year probably created optimism among buyers

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