venerdì 12 aprile 2013

$16,000 for Central Illinois Farmland !!!

$16,000 for Central Illinois Farmland!

APR 04, 2013

Central Illinois saw a new high price of $16,000 an acre paid for quality farmland March 15. The auction, conducted by Worrell-Leka Land Services, LLC, Jacksonville, and called by Darrell Moore, Winchester, featured 596 acres in Cass and Morgan counties. Four of the tracts, featuring 308 acres of PI 128 to 142 (maximum 147) land are located northeast of Litterberry in Morgan County. Two tracts, featuring 288 acres of PI 121 and 124 land are located south of Virginia in Cass County.

The record-breaking price came on a 96-acre tract, the first tract offered, which was 100% tillable and featured high-quality soils with a PI rating of 142.3. Tract 2 also contained 96 acres, nearly all tillable, and carried a PI rating of 141.4. It sold for $15,400 an acre. Tract 3, which featured 48 acres, 98% tillable, and a PI of 138.8, sold for $11,700 an acre. Tract 4, which contained 68 acres, 78% tillable, and a PI of 127.7, brought $8,125 an acre. Tract 5, 76 acres located in Cass County, carried a PI of 124.2. It sold for $5,150 an acre. Tract 6, 213 acres also located in Cass County, featured a PI of 120.8 and a CRP contract paying $100.75 per acre on 46 acres until 2017. It brought $5,150 an acre.

http://www.agweb.com/blog/Your_Precious_Land_217/16,000_for_central_illinois_farmland/

FARMLAND VALUE

Iowa Farmland Posts 9.4% Six-Month Gain

MAR 28, 2013

The value of Iowa farmland rose 9.4% from September to March, according to a survey of land professionals conducted by the Iowa Chapter of the REALTORS Land Institute.

The survey pegs the statewide value of an acre of high-quality cropland at $11,515 an acre; the average value of an acre of medium-quality cropland at $8,693 an acre; the average value of an acre of low-quality cropland at $5,864 an acre.

http://www.agweb.com/blog/Your_Precious_Land_217/iowa_farmland_posts_94_six-month_gain

Nebraska Farmland Posts 25% Annual Gain

MAR 25, 2013

Mike Walsten

The value of Nebraska farmland rose 25% over the 12-month period ending February 1, according to preliminary data from the 2013 University of Nebraska-Lincoln Nebraska Farm Real Estate Market Developments Survey.

http://www.agweb.com/blog/Your_Precious_Land_217/nebraska_farmland_posts_25_annual_gain/

Survey: Excellent-quality Illinois Farmland Up 21% in 2012

MAR 14, 2013

Mike Walsten

A survey of the state's farm managers and appraisers found the value of Illinois farmland again rose by double-digits in 2012 and farmland values are expected to rise in 2013 as well, according to the 2013 Illinois Land Values and Lease Trends Report released today at the Illinois Land Values Conference sponsored by the Illinois Society of Professional Farm Managers and Rural Appraisers.

"The price of excellent productivity farmland was estimated at $10,510 per acre price on Jan. 1, 2012 and $12,670 per acre price on Dec. 31, 2012, an increase of 21% during the year," says Dale Aupperle, AFM, ARA, general chairman for the annual Land Values Report program sponsored by the Society. "Good quality farmland price was estimated at $8,980 at the beginning of the year and $10,500 at the end of the year, an increase of 17%. Average farmland price was $7,560 per acre at the beginning of year and $8,770 at the end of year, an increase of 16%. And Fair productivity price was $5,980 at the beginning of the year and $6,980 at the end of the year, indicating a price increase of 17%."

domenica 10 febbraio 2013