Farmland Values
Farmland Sales in Central Illinois have been few and far between this winter. What few farms have sold have been for a pretty good price. The trend has been higher towards the end of 2011 and most of the people we talk to and articles we read are still optimistic as we head into 2012. Check back for updates on additional sales.
Here is a list of some Logan County Farmland Sales towards the end of 2011.
September 2011
73.6/71.5 $8400/acre Class A Private
October 2011
156/156 $11300 Class A Private
220.8/210.3 $10650 Class A Auction
November 2011
399.3/379.9 $9400 Class B Realtor
70.0/70.0 $9145 Class A Auction
115.0/113.3 $9130 Class A- Auction
December 2011
80/76.2 $8500 Auction
20/19.5 $9300 Auction
38/37.8 $8600 Auction
120/93.49 $7100 Class C Auction
April 2012
75 acres sold for $11,375/acre—Auction
June 2012
55.132 acres sold for $551,320.00 ($10,000.00/A) Auction
buyer got the 2012 crop with no expenses
June 2012
224.14 acres sold for $2,723,301.00 ($12,150.00/A) Auction
buyer got the 2012 crop with no expenses
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