Returns from farmland held by pension funds held steady through the second quarter of 2016, reports the National Council of Real Estate Investment Fiduciaries (NCREIF). The council says the total return for the quarter w
The auction of 184 acres Dec. 17 saw three tracts sell from $4,500 an acre up to $7,000 an acre. The farm was located about two miles west of Falls City in Richardson County. Tract 1: 92 acres, 78 acres tillable, SRPG
Thursday, Dec. 1, saw 80 acres of high-quality Illinois farmland sell for $12,000 an acre. The farm was located about 2 miles southwest of Galva in Knox County. It had 77 tillable acres and featured a soil PI of 137.5 ve
An Aug. 18 auction saw 164 acres of Coles County, Ill., cropland sell for $11,804 an acre. The farm was located about five miles north of Mattoon. The farm offered 156 tillable acres with soil PIs of 140.7 on 88 acres an
A July 26 auction of 957 acres near Stanley, Ky., along the Daviess and Henderson counties border saw cropland bring $4,350 to $6,100 per acre. The wooded/recreational tracts brought $1,500 to $2,000 per acre. Tract 1
The first step in repealing the onerous WOTUS rule is set to occur today. A senior White House official tells our Washington staff President Donald Trump will sign an executive order today that would begin the process of
Farmland values in the Central Corn Belt decreased for the third consecutive year, reports the Federal Reserve Bank of Chicago, yet the 1% annual decline for 2016 was smaller than the 3% declines for the previous two yea
Farmland values in the Central and Southern Plains continued to ease in the fourth quarter of 2016, according to the Federal Reserve Bank of Kansas City. On average, nonirrigated and irrigated farmland values dropped 6%
The Iowa Supreme Court today ruled against the Des Moines Water Works (DMWW), stating the entity cannot win damages from three northwest Iowa county drainage districts. DMWW sued drainage districts in Sac, Calhoun and Bu
The average value of an acre of Iowa farmland declined for the third year in a row—the first time this has happened since the 1980s farm crisis—and is now estimated to be $7,183 per acre, according to the 201
A mid-December auction north of Wichita, Kan., saw 471.5 acres bring $3,000 to $3,800 an acre. The auction, which occurred Dec. 16, featured four tracts of dryland cropland located northeast of Sedgwick in Harvey County.
A Jan. 21 auction in Cheyenne Co., Neb., saw 160 acres of dryland cropland sell for $821 per acre. The farm was located southeast of Gurley and featured 80 acres planted to wheat. Handling the auction was Marc Reck, R
Yesterday saw 145 acres of all-tillable cropland in DeWitt County, Ill., sell for $10,000 to $10,500 an acre. The farm was located south of Lane, which is east of Clinton. The land sold in three tracts.
Monday's auction of 136 acres in Carroll County, Ind., saw two tracts bring strong prices. The farm was located a half mile south of Flora. It featured a total of 123 tillable acres and 7 acres of woods. Tract 1: