Farming

Market Watch: Chicago Fed Cites Surge in Midwest Land Prices

Posted on March 17, 2011 by Eric OKeefe

Agricultural land values in the Seventh Federal Reserve District jumped 12% in 2010, according to the Federal Reserve Bank of Chicago. The district encompasses key portions of America’s Corn Belt, including Illinois, Indiana, Iowa, Michigan, and Wisconsin. The increase was the second largest on record…

Tagged with: Chicago Fed, farmland, Federal Reserve Bank of Chicago, Illinois, Indiana, Iowa, Michigan, Wisconsin
Posted in Farming, Feature, Great Lakes, Midwest, News Desk

Indiana Farmland Skyrockets in Q4

Posted on February 17, 2011 by Land Report Editors

A combination of global and regional factors, including increased demand for grain, falling yields, and rising commodity prices, propelled the value of top-tier Indiana farmland as much as 25 percent in the final quarter of 2010. The usual rate? Over…

Iowa Farmland Moves Up 13%

Posted on January 18, 2011 by Eric OKeefe

The Chicago Fed reports that farmland values rose 10% in the Seventh Federal Reserve District, which covers all of Iowa, the southern two-thirds of Wisconsin, the northern half of Illinois, the northern two-thirds of Indiana and the southern three-fourths of…

Tagged with: farm prices, farmland, Iowa land, Midwest
Posted in Farming, Midwest, Regional News

Texas Land Values Drop Just 7% in 2009

Posted on July 27, 2010 by Eric OKeefe

The Texas land market saw bargain hunters staring down unmotivated sellers throughout 2009. The end result, according to Charles Gilliland and Abhijeet Gunadekar at the Texas Real Estate Center, was a dearth of property sales of more than $1 million…

Tagged with: Texas, Texas A&M Real Estate Center
Posted in Cattle, Eric OKeefe, Farming, Feature, Hunting, Recreation, Regional News, Southwest

For Sale: Kevin Costner’s Field of Dreams for $5.4 Million

Posted on May 14, 2010 by Eric OKeefe

By all accounts, it’s the typical sort of listing you see advertised in The Land Report: FOR SALE. 193-acre corn farm for sale in eastern Iowa for $5.4 million. Owned and farmed by same family for over a century. Includes two-bedroom…

Tagged with: Field of Dreams, Iowa, James Earl Jones, Kevin Costner, Midwest, Ray Liotta
Posted in Eric OKeefe, Farming, Feature, Midwest

$500 Million Everglades Deal Postponed Again

Posted on March 15, 2010 by Eric OKeefe

Florida Gov. Charlie Christ is getting a lesson that real estate brokers know all too well: big deals take time. It’s been almost two years since Christ announced the $1.75 billion purchase of 187,000 acres in the Florida Everglades from…

Ask the Expert: Andy Smyth

Posted on October 6, 2009 by Land Report Editors

Andy Smyth is a straight-speaking man, runs a great brokerage business in Idaho, and has become a good partner with The Land Report. Andy recently told me that after experiencing a downward period in the land market the likes of…

On the Block: 1,600 acres of Illinois Farmland Sept. 10

Posted on August 10, 2009 by Land Report Editors

VeraSun Energy will auction approximately 1,600 acres of Illinois farmland on Sept. 10 with Schrader and Westchester auction companies managing the sale. The land, located in Montgomery, Madison, and Vermilion counties, consists primarily of high-quality tillable farmland, including some located…

Tagged with: auction, Eddie Lee Rider, farmland, land values
Posted in Auctions, Eddie Lee Rider, Farming, Midwest

Fortune Reports Soros and Rothschild Invested in Land

Posted on June 22, 2009 by Eric OKeefe

As millions of landowners already know, investing in a piece of property does more than just bring piece of mind. It can bring an excellent return. This story is one worth repeating, particularly in today’s economic climate when Americans have…

Tagged with: Brazil, George Soros, Lord Jacob Rothschild, Mississippi, Shonda Warner
Posted in Farming, Feature, International, News Desk, Regional News, Topics

On the Block: 170 Acres in Marion County, Illinois

Posted on June 19, 2009 by Land Report Editors

Update: The complete tract of land went unsold during the brief auction. The first tract at 50 acres was passed on at $120,000, the second tract at 40 acres was unsold at $96,000, and the third tract at 80 acres…