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Farm land prices per acre in illinois

WebNov 2, 2024 · U.S. farmland values remained high in 2024, averaging $3,160 per acre, a small decrease of 0.8 percent compared with 2024. At the same time, farm income was … WebNov 15, 2024 · Figure 1 shows the calculation of total costs and break-even prices for high-productivity farmland in central Illinois. According to the 2024 Illinois Crop Budgets, non-land costs for corn are $858 per acre for corn and $532 for soybeans (See Table 1). With a cash rent of $370 per acre, total costs are $1,228 for corn and $902 for soybeans.

Weekly Farm Economics: Risks for 2024 Grain Farm …

WebMcLean County ranks 14th in the state based on the overall acres for sale here. The value of all land and rural real estate for sale in Illinois's McLean County recently was nearly $64 million, representing 2,000 acres of land for sale in McLean County. McLean County is one of the ten biggest counties in Illinois (1,186 square miles). WebMar 31, 2024 · Excellent category land averaged $10,870 per acre in 2024 compared to $10,435 in 2024. Good category land was $8,446 compared to $8,335 in 2024. Average was $6,409 compared to $6,502 in... echoe matthews https://b-vibe.com

Index Numbers of Illinois Farmland Values

WebAug 13, 2024 · 2024 prices are $3.40 per bushel for corn and $8.50 for soybeans, representing an economic recovery that is V-shaped. ... giving operator and land return an average of $240 per acre in central Illinois. ... Farmer returns in central Illinois on high-productivity farmland have averaged $17 per acre from 2013 to 2024 (see Figure 3). … WebMar 25, 2024 · While farmland prices in 2024 were generally steady, farm managers and appraisers with the 2024 Illinois Farmland Values and Lease Trends report, released March 18, said they are seeing prices moving upwards since the market rally in the fall. ... Excellent category land averaged $10,870 per acre in 2024 compared to $10,435 in … compress 7000i awmb

Illinois Farmland Values Up 18%, May Have Plateaued: …

Category:Illinois Farmland Values, Soil Survey & GIS Map AcreValue

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Farm land prices per acre in illinois

Illinois Farm Real Estate Values Increase $1,000 per Acre …

WebFind farm land for sale in Illinois including large arable farming acreage, pasture land, small organic farms, grazing land, and tillable agricultural sales. The 499 matching properties for sale in Illinois have an average … WebMar 27, 2024 · The median price per acre of all land classes was $8,977 in 2024 compared to $8,532 per acre in 2024. The number of sales in the region is steady when compared to 2024. Overall, the farmland ...

Farm land prices per acre in illinois

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WebThere is nearly 100,000 acres of farmland for sale in Illinois based on recent Land And Farm data, making it the most common type of land for sale in Illinois. With an average … WebApr 20, 2024 · In early March, four tracts of Eastern Illinois land totaling 320 acres sold between $19,100 to $19,700 per acre. At the end of March, a company auction saw three tracts of Central Illinois land sell for $20,500 to $21,500 per acre. In the fall of 2024, prime Illinois farmland was selling in the range of $16,000 plus per acre.

WebAgricultural Land Values Highlights The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $3,800 acre, an … WebRecent data from LandWatch records over $68 million of land listings for sale in McLean County. These land listings account for about 1,900 acres of land and other rural acreage for sale in the region. The average price of land listings and ranches for sale here is $640,508. Browse LandWatch's Illinois land for sale page to find more land ...

WebMay 3, 2013 · Figure 2 indicates that there is considerable variation in per-acre prices for Illinois farmland, reflecting differences among farmland quality, farmland buyers, and farmland sellers. ... Farmland price growth has been exceptionally robust during the past few years. In 2011, Illinois farmland prices increased 21.4 percent, the largest single ... WebAcreValue analyzes terabytes of data about soils, climate, crop rotations, taxes, interest rates, and corn prices to calculate the estimated value of an individual field. Generate impactful land reports to gain advanced land value insights. Currently available in California, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Michigan ...

WebInternal data from LandWatch records more than $90 million of rural properties, ranches and hunting land for sale in LaSalle County, Illinois. This represents a total of 2,544 acres of land and other rural acreage for sale in the region. The average price of farms, ranches and other land for sale here is $388,593.

WebAug 8, 2024 · Illinois Farm Real Estate Values Increase $1,000 per Acre for 2024 - farmdoc daily. ×. Market Prices. compress 7000i aw 9 ormWebMar 17, 2024 · Those same ranges for Good land vary from $360 at the top to $250 at the lower 1/3. Average farmland varies from $300 at the top to $215 at the bottom. Fair land … compress 7000i aw ormWebSep 13, 2024 · Illinois farmland owners saw a whopping 20% increase in the value of their asset in the first half of 2024. ... High-productivity land is expected to move from $315 to $350 per acre, with values on good-productivity land moving from $279 to $299 per acre. Average land will rise from $226 to $249 per acre and fair land will move from $188 to ... echoe matthews annalynnWebFigure 1 shows the calculation of total costs and break-even prices for high-productivity farmland in central Illinois. According to the 2024 Illinois Crop Budgets, non-land costs for corn are $858 per acre for corn and $532 for soybeans (See Table 1). With a cash rent of $370 per acre, total costs are $1,228 for corn and $902 for soybeans. compress 6800i aw von bosch thermotechnikWebApr 12, 2024 · The agreement would secure about $1,200 per acre per year with escalating payments over 35 years. For comparison, a young farmer who rents the land might be able to offer $300 per acre. echo eligibilityWebFind farm land for sale in Central Illinois including large arable farming acreage, pasture land, small organic farms, grazing land, and tillable agricultural sales. The 85 matching properties for sale in Central Illinois have an average listing price of $758,877 and price per acre of $14,816. For more nearby real estate, explore land for sale ... compress 8000i awWebMar 1, 2024 · The price of farmland in Illinois grew 25% year-on-year, commanding more than $10,300 per acre. This follows a 5% increase in 2024. High valuations brought a … echo encrochat