Newsroom Search
-
Stay Informed. View the Latest News and Events
Filter Below
-
Essentials08.23.24Essentials Issue 04 - Summer 2024Farmland Values Study, Directors Cup Award Winners, Learning Programs and more in this edition of Essentials.
-
News08.20.24Farmland Value Benchmark Study ResultsThe 2024 benchmark update for the Farm Credit Illinois territory shows all land classes showed considerable variation, reinforcing that agricultural real estate is a location-specific asset. When considering the individual benchmark values, the year-over-year percentage changes ranged from +3.6% to +14.05%.
-
Essentials08.09.23Essentials Issue 04 - Summer 2023Farmland Values Study, Directors Cup Award Winners, Learning Programs and more in this edition of Essentials.
-
News08.09.23Farmland Value Benchmark Study ResultsThe 2023 benchmark update for the Farm Credit Illinois territory shows a booming land market. Nineteen of the 20 benchmarks showed increases in value with only one benchmark farm remaining unchanged. The variability of increases in the FCI territory reinforce that agricultural land is a location specific asset.
-
Auction Results08.10.22Auction Results Land Sales in Last 6 monthsThe listing includes results for 114 different farmland auctions reported since Feb. 2022. These public auctions concluded with successful bids and represented 10,974 total acres in 28 different counties selling for a grand total of $162.5 million with an average price of $14,807 per acre. The highest price per acre was $21,500 for Class A land in Sangamon County; the lowest price per acre was $4,285 for Class C land in Jefferson County.
-
Essentials08.09.22Essentials Issue 04 - Summer 2022Farmland values, farm loans that pay, interest rates and more in this edition of Essentials.
-
News08.09.22Farmland Value Benchmark Study ResultsThe 2022 benchmark update for the Farm Credit Illinois territory shows a booming land market. Nineteen of the 20 benchmarks showed increases in value with only one benchmark farm remaining unchanged. The variability of increases in the FCI territory reinforce that agricultural land is a location specific asset.
-
News02.07.22Farmland Auction Results from Aug. 2021-Jan. 2022Trends in FCI’s territory indicate increased sales for larger sums, according to the appraisal team. View the latest listing including results for 212 different farmland auctions reported since the last results were published in July 2021.
-
News08.06.21Farmland Value Benchmark Study Results
Throughout central and southern Illinois, farmland values increased an average of 8.54% with 18 of the 20 benchmark farms increasing and two unchanged. This is the third consecutive year of an increase in values. When considering the 20 benchmarks individually, the year-over-year percentage changes ranged from 0 to +20.51%.
-
News08.05.21Auction Results Land Sales in Last 6 monthsThe listing includes results for 80 different farmland auctions reported since the last results were published in February 2021. These public auctions concluded with successful bids and represented 8,000 total acres in 26 different counties selling for a grand total of $82.2 million with an average price of $10,273 per acre. The highest price per acre was $16,800 for Class A land in Edgar County; the lowest price per acre was $2,553 for Class C land in Richland County.
-
Auction Results02.08.21Auction ResultsAuction results for the last five months in FCI's 60-county territory.
