The Illinois Society of Professional Farm Managers and Rural Appraisers has released its 2013 report on farmland values in Illinois agriculture. A few highlights: Grain Prices Mother Nature slashed corn and soybean yields in 2012 which resulted in skyrocketing grain prices. $7.00 to $8.00 per bushel corn and $15.00 to $18.00 per bushel soybeans were significant and offset much of the yield drop. Net Farm Income Farmland truly is what it earns! Net farm income across Illinois was stable to … [Read more...]
Order a 2013 Farmland Values Report
February 25, 2013 by Leave a Comment
You can order a 2013 Land Values report! Just download the form linked below to place your order. Order Form.pdf Note: There is a correction to one of the tables in the report. This is for Region 5, on page 43. You can download the corrected table here: Region 5 Sticker Cover.pdf. … [Read more...]
2013 Illinois Land Values Conference
February 15, 2013 by Leave a Comment
The 2013 Illinois Land Values Conference is coming up quickly! It will be held March 13-14 at the Parke Hotel and Conference Center in Bloomington. The March 14 activities will be open to the public. (Pre-order a copy of the 2013 Statewide Land Values Report here.) “The conference will be an all-morning event and will be packed with useful information for Illinois farmers and landowners,” says Dale Aupperle, AFM, ARA, overall chairman of the event. “We are focusing on statewide land … [Read more...]
Mid-Year Land Values Snapshot
September 2, 2012 by Leave a Comment
The value of farmland across Illinois continues rising, and while the rate of increase has slowed somewhat, prices are expected to continue upward, according to the Mid-Year Land Values snapshot survey conducted by the Illinois Society of Professional Farm Managers and the University of Illinois. (Download the report in PDF form.) The survey was conducted among membership of the Society with tabulation and results summarized by Gary Schnitkey, Ph.D., a professor and farm management specialist in … [Read more...]
2012 Land Values Report
July 11, 2012 by 2 Comments
The 2012 Land Values Report from the ISPFMRA is available! Here's a peek at what we found. Land prices and returns to farmland leases have continued their strong move up, uninterrupted now for a several year run, hitting new highs almost month by month. Just a year ago, a look back at 2010 indicated excellent to good farmland had hit $8,000 to $9,000 an acre. Last summer’s mid-year survey indicated land values had moved up 10 percent to 15 percent during just the first six months of 2011, … [Read more...]
Land Value Reports (Older)
January 12, 2012 by Leave a Comment
2011 Land Values Snapshot Survey 2011 Mid-Year Survey Key Points 2011 Illinois Farmland Values and Lease Trends (large file size, may take a few minutes to download) Illinois Farmland Values Continue Upward Spiral March 16, 2011 Highlights: 2011 Illinois Farmland Values and Lease Trends (PowerPoint presentation) DonMcCabe, AFM, General Chairman, Land Values and Lease Trends Project 2011 Farmland Values Report Order Form Advertising Order Form 2010 Mid-Year Survey … [Read more...]