Land Investments

 


1401 Koester Drive, Suite 100 Forsyth, Illinois 62535

Prime Farmland Values
in Central Illinois

April 2008

Heartland Ag Group Ltd. maintains a database of farm real estate transactions throughout Central Illinois. Each sale is an important part of the dynamic farmland market we operate in. Note the annual changes and general uptrends shown below (since 1972).

Current Thoughts - Prime farmland has exploded upward to $7,500 per acre in the first quarter of 2008. That is up 25% over year-end - - wow! Sales have occurred over $8,000 per acre! $6.00 corn and $12.00 soybeans are pushing the market. Farmers and investors are buying. And - - we are looking a excellent subsoil moisture to raise the 2008 crop. Inflation is rearing its ugly head - - look for double-digit trouble in the upcoming year.

Dale Aupperle, AFM, ARA
President, Heartland Ag Group, Ltd.

 

Click here for a PDF* of What's Driving Illinois Farmland Values

  • Prime Farmland Values in Central Illinois

  • 2007 Farmland Values and Lease Trends

  • Central Illinois Recent Farmland Sales

  • Farmland Price Volatility

  • Mortgage Interest Rates

NEW - Click here for Prime Farmland Values in Central Illinois: April 2008
NEW
- Click here for Central Illinois Precipitation update: April 2007

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In Decatur:

In Mattoon:

(217) 876-7700

(217) 234-6430
 (217) 876-7724 Fax (217) 258-4200 Fax

 hagltd@aol.com

hagltd@aol.com