The Illinois Society of Professional Farm Managers and Rural Appraisers has released its 2013 report on farmland values in Illinois agriculture. A few highlights: Grain Prices Mother Nature slashed corn and soybean yields in 2012 which resulted in skyrocketing grain…
The 2013 Illinois Land Values Conference is coming up quickly! It will be held March 13-14 at the Parke Hotel and Conference Center in Bloomington. The March 14 activities will be open to the public. (Pre-order a copy of the…
The value of farmland across Illinois continues rising, and while the rate of increase has slowed somewhat, prices are expected to continue upward, according to the Mid-Year Land Values snapshot survey conducted by the Illinois Society of Professional Farm Managers…
The 2012 Land Values Report from the ISPFMRA is available! Here's a peek at what we found. Land prices and returns to farmland leases have continued their strong move up, uninterrupted now for a several year run, hitting new highs…
Join us on the ISPFMRA Summer Tour 2012! Events include University of Illinois Agronomy Day, a crop production technology update, and a tour of the University of Illinois Ag Library. Download the agenda and registration form for details. If you…
Jerry R. Hicks, AFM, partner and treasurer of Agrivest, Inc., Springfield, IL, was inducted into the Illinois Society of Professional Farm Managers and Rural Appraisers’ Hall of Fame during the organization’s annual meeting held here recently. “Jerry epitomizes all the…
Here are 30 facts culled from the 2012 Illinois Land Value report. 1. Both Land Values and Lease Trends continue higher into 2012, and are expected to stay strong as long as crop income levels hold or increase. 2. Price…
The prices being paid for farmland across Illinois continue their upward spiral with the tops being in the $10,000 to $13,000 per acre range across the state. This is according to the 2012 Farmland Values and Lease Trends Report released today by the Illinois Society of Professional Farm Managers and Rural Appraisers at its annual Land Values Conference.
The top price of $13,000 per acre was for a November 2011 sale of 37.7 acres in Christian County. The property was listed as having Excellent quality land. Sales in the $10,000 per acre range were common across a number of regions in the state.