More Than 11,000 North Dakota Farmland Acres Head to Auction This September

accountJennifer Moran | calendar-monthSeptember 4, 2026

More than 11,000 acres of North Dakota farmland are scheduled for auction throughout September, according to data compiled by Successful Farming . Listings span 20 counties and range from 76.7–2,009 acres, reflecting a diverse mix of cropland, pasture, mixed‑use parcels, and large multitract offerings across Land Sales Bulletin’s Midwest reporting state of North Dakota.

Key Summary Points

  • Benson County: 621.45 acres offered in four tracts north of Esmond, including cropland and fenced pastureland. SPI values range from 50.8–65.7, with Tracts 2 and 3 drawing strong interest from local farmers.
  • Mountrail and Williams Counties: A 2,009.46‑acre hybrid auction includes 16 parcels near Stanley, offering cropland, native grass pasture, farmsteads, and building sites. Several parcels feature livestock water sources, pasture infrastructure, and mature tree shelterbelts.
  • Towner County: Three adjoining parcels totaling 1,200 acres north of Rocklake include 587.25 crop acres with SPI ratings from 63–63.4, and more than 279 acres above SPI 70. Parcel 2 encompasses an entire 640‑acre section.
  • Additional Auctions: Activity spans eastern, central, and western counties, including Grand Forks, Pembina, Kidder, Sheridan, Emmons, Stark, Adams, and Golden Valley. One of the largest offerings is a 1,708.81‑acre Adams County property selling online Sept. 24.
  • Economic Conditions: Tight margins, higher borrowing costs, and softer commodity prices are contributing to a slowdown in cropland demand, while pasture values remain comparatively strong due to cattle prices and livestock expansion interest.

North Dakota’s September auction lineup highlights a geographically diverse land market with opportunities for crop producers, cattle operators, and mixed‑use buyers statewide.

Reporting by Amanda Miller, Successful Farming.Full article: https://www.agriculture.com/more-than-2-570-acres-of-north-dakota-farmland-head-to-auction-in-september-2026-12066413

Minnesota Farmland Sales Reflect Firming Market Conditions

accountJennifer Moran | calendar-monthSeptember 3, 2026

Land Sales Bulletin’s Midwest reporting state of Minnesota continues to monitor market sentiment as recent Farm Progress coverage highlights tightening yield expectations and stronger commodity price momentum. These recent sales results continue to show buyer preference for flat, open tracts with strong CPI profiles across Minnesota.

Summary Points

  • August WASDE reduced corn and soybean yield expectations, tightening supply forecasts
  • Pro Farmer’s Midwest crop tour reported lower than expected yields across much of the region
  • December corn near $5 and November soybeans around $12.40 have supported buyer confidence
  • Minnesota’s crop outlook appears exceptional, contributing to cautious optimism among farmers and buyers
  • Flat, open tracts continue to command premium pricing across Minnesota counties

Recent sales across Blue Earth, Chippewa, Cottonwood, Faribault, Kanabec, Le Sueur, Nobles, Sibley, Stevens and Swift counties reaffirm long‑standing buyer preferences for flat, open land with strong CPI ratings. These results align with themes commonly seen in Land Sales Bulletin’s Midwest reporting state of Minnesota, where slope, shape and drainage remain central to value alongside soil quality.

Author: Jared Augustine, Hertz Farm Management
Farm Progress Report: recent-farmland-sales-reaffirm-buyer-preferences

Minnesota land sales - Farm Progress

More Than 5,200 Illinois Farmland Acres Head to Auction This September

accountJennifer Moran | calendar-monthSeptember 2, 2026

More than 5,218 acres of Illinois farmland are scheduled for auction throughout September, according to reporting from Successful Farming . Listings span 26 counties and include irrigated cropland, cattle pasture, CRP acres, recreational land, and multitract offerings that highlight the diversity of opportunities across Land Sales Bulletin’s Midwest reporting state of Illinois.

Key Summary Points

  • Marshall and Putnam Counties feature a historic offering from the Quinn Family Farm, including irrigated cropland, cattle pasture, CRP acres, recreational ground, and a country farmstead offered in seven tracts. The largest tract includes 154 tillable acres and 129 irrigated acres with a PI of 136.5.
  • McLean County brings 310.43 surveyed acres offered as two adjacent tracts south of Bloomington, carrying a PI of 140.9, well above the county average of 135.
  • Edgar County’s 390.72 acres will be offered in five parcels, with farmland parcels carrying PI values ranging from 139.50 to 143.60 and open leases for the 2027 crop year.
  • At least 23 additional auctions are scheduled statewide, with activity stretching from Kankakee and Iroquois counties to Jackson, Pike, Hancock, and Henderson counties, including several large multitract offerings such as 856.8 acres in Kankakee County.
  • Economic analysis notes heightened uncertainty driven by crop prospects, commodity prices, interest rates, and trade conditions, with land quality continuing to influence buyer interest and sale outcomes.

Illinois continues to demonstrate strong buyer engagement across high‑quality soils, multitract offerings, and regionally competitive farmland, reinforcing its importance within Land Sales Bulletin’s Midwest reporting footprint.

Reporting by Amanda Miller, Successful Farming. Full article: https://www.agriculture.com/more-than-5-200-acres-of-illinois-farmland-head-to-auction-in-september-2026-12065522

Recent Farmland Sales Across Iowa, Minnesota, Ohio and Neighboring Kansas

accountJennifer Moran | calendar-monthAugust 31, 2026

Recent sale activity across the Midwest continues to show strong buyer interest in high‑quality tracts, diversified operations and properties offering supplemental income streams. DTN’s Landwatch Weekly, published by DTN/Progressive Farmer, highlights several notable transactions across LSB’s Midwest reporting states, along with neighboring Kansas.

State Highlights:

  • Iowa (Louisa County): A 125‑acre farm sold for $969,542, or $7,752 per acre, featuring CRP income exceeding $16,000 annually and multiple on‑farm improvements
  • Minnesota (Lincoln County): A 468‑acre farm sold for $6.2 million, or $13,248 per acre, supported by strong grain storage capacity and wind turbine income totaling $14,963 in 2024
  • Ohio (Allen County): A 116‑acre farm sold for $2 million, or $16,522 per acre, with multiple tracts supporting cattle, tillable acres and improved facilities
  • Kansas (Kingman County): A 322‑acre farm sold for $709,060, or $2,202 per acre, with a mix of cropland bases and a spring‑fed creek providing additional value

Read more from DTN/Progressive Farmer: https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2026/08/27/recent-farmland-sales-iowa-kansas

DTN’s Landwatch Weekly, published by DTN/Progressive Farmer, highlights several notable transactions across LSB’s Midwest reporting states, along with neighboring Kansas

Illinois Farm Real Estate Values Rise for the Sixth Consecutive Year

accountJennifer Moran | calendar-monthAugust 25, 2026

Illinois farm real estate values continued their upward trend in 2026, marking the sixth straight year of gains. According to the latest USDA NASS Land Values Summary, Illinois reached an average of $9,250 per acre in 2026, a 3.6 percent increase over 2025. This steady growth aligns with broader Corn Belt movement, where LSB;s Midwest and neighboring states also posted moderate increases.

Midwest State Highlights

  • Illinois: $9,250 per acre in 2026, up 3.6 percent from 2025; sixth consecutive annual increase
  • Iowa: 3.2 percent increase; highest regional value at $10,100 per acre
  • Indiana: 3.4 percent increase
  • Missouri: 4.0 percent increase
  • Ohio: 3.2 percent increase; second highest value at $9,650 per acre

Illinois previously held the top position in 2021, but stronger gains in Iowa and Ohio over the last five years have shifted regional rankings.

Full Report from: farmdoc daily, University of Illinois: https://farmdocdaily.illinois.edu/2026/08/illinois-farm-real-estate-values-increase-six-years-in-a-row.html

Eastern Wisconsin Farmland Values Rise with Dairy Demand

accountJennifer Moran | calendar-monthAugust 21, 2026

Compeer Financial’s latest report from author Jeff Jens highlights one of the strongest year over year increases in our Midwest region. Dairy operators continue to compete for nearby cropland, tightening supply and supporting premium prices across eastern Wisconsin. As one of Land Sales Bulletin’s valued customers, Compeer Financial provides essential insight into the market forces shaping farmland values across our Midwest states.

Midwest State Highlights

  • Wisconsin: limited cropland availability and strong dairy demand continue to push values higher. Calumet County benchmark cropland rose about 25 percent year over year, with multiple 2026 sales exceeding $20,000 per acre and one reaching $24,000 per acre.
  • Minnesota: dairy influenced competition persists in regions where feed production and facility upgrades mirror Wisconsin’s operational needs.
  • Iowa: strong livestock sectors and tight supply of high-quality cropland continue to support firm operator driven values across the state.

Key Market Drivers

  • Nearby cropland helps dairies control long term operational costs by reducing hauling distance for feed and manure.
  • Limited land availability in east central Wisconsin ensures strong buyer competition whenever quality acres come to market.
  • Dairy facility upgrades and multi-site operations continue across the region, influenced by construction costs and long-term growth planning.
  • Solar, wind, and data center development add complexity to rural land markets and can redirect capital into agricultural purchases elsewhere.

Compeer Financial’s full report provides deeper context on how dairy economics, construction costs and broader market pressures continue to shape land values across Wisconsin and the Midwest. Listen or read the full article by Jeff Jens: https://www.compeer.com/articles/wisconsin-farmland-values-rise-with-dairy-demand

Inflation-Adjusted Midwest Farmland Values See Steepest Drop Since 2016

accountJennifer Moran | calendar-monthAugust 19, 2026

Midwest farmland values in our Midwest reporting states, showed their sharpest inflation-adjusted decline in a decade, according to the latest Chicago Fed AgLetter published by the Federal Reserve Bank of Chicago. While nominal values for good farmland held steady year-over-year, real values fell 3.7 percent — the largest drop since 2016 . Lenders across the region also reported weakening credit conditions and rising repayment challenges.

Midwest State Highlights (LSB Reporting States):

  • Illinois: Year-over-year farmland values increased, supported partly by outside investment activity including solar and data centers.
  • Indiana: Farmland values decreased year-over-year as credit conditions weakened and repayment issues rose.
  • Iowa: Values increased year-over-year, though lenders noted commodity price volatility and elevated production expenses weighing on conditions.
  • Wisconsin: Values decreased year-over-year, with lenders noting outside pressure from solar and data center demand may eventually plateau.

Only 5 percent of lenders expect farmland values to rise in the next quarter, while 81 percent anticipate stability and 14 percent expect declines.

Publisher: Farm Policy News

Report link: https://www.chicagofed.org/publications/agletter/2025-2029/august-2026

Illinois Farmland Auction Underscores Strong Demand Across LSB’s Midwest Reporting Region

accountJennifer Moran | calendar-monthAugust 18, 2026

Land Sales Bulletin’s Midwest reporting state of Illinois continues to demonstrate strong buyer demand, highlighted by a recent 1,277‑acre sale near West Salem and Albion. The farm was divided into 22 tracts and sold for $10.5 million, attracting 68 in‑person bidders and 43 online participants and concluding in under an hour. Local farmers purchased most of the property, reinforcing the depth of Illinois’ agricultural buyer base within LSB’s Midwest region.

Summary Details

  • Dividing the farm into 22 tracts helped attract 12 buyers and maximize sale results.
  • Standing‑room‑only attendance and competitive bidding reflected strong market interest.
  • Half the acreage is expected to be farmed by new owners, with the remainder likely rented to local producers.
  • Productive soils, road frontage, timber, and wildlife habitat added both agricultural and recreational value.

Illinois Highlights

  • Most of the farm consisted of Class B soils with pockets of Class A and Class C, reflecting strong productivity across the acreage.
  • Edwards County continues to offer value opportunities compared with higher‑priced regions of central Illinois while maintaining a strong agricultural buyer base capable of absorbing large tracts of farmland.
  • Illinois farm real estate averaged $8,930 per acre in 2025, marking the fifth consecutive year of inflation‑adjusted increases.

Read more from Successful Farming: 1,277-acre Illinois Farm Sells in 22 Tracts for $10.5 Million

Iowa Farmland Market Holds Steady as Fall Auction Activity Builds

accountJennifer Moran | calendar-monthAugust 17, 2026

Iowa’s farmland market has remained stable through 2026, with pricing movement staying within a narrow band that reflects a flat, sideways trading environment. As fall approaches, market observers expect a potential uptick in sale volume, driven in part by high land prices and decisions from landowners who have recently inherited property.

Summary Details on our Midwest Reporting State

  • Iowa’s 2026 land market has been notably stable.
  • Recent Chicago Fed reports show minor quarterly shifts of plus 2 percent and minus 1 percent, reinforcing the sideways pricing trend.
  • Higher land prices often correlate with increased sale volume from inherited properties due to stepped up basis considerations.
  • Market conditions supported by $4.50 corn and government payments may help absorb additional volume this fall.

Iowa Highlights

  • Recent sales range broadly from $145 to $190 per CSR2 point on tillable acres, with occasional outliers driven by local dynamics rather than broader trends.
  • Strong auction results across counties including Clay, Wright, Buchanan, Calhoun, Jasper, Linn, Fremont, Wayne, and Des Moines illustrate continued buyer engagement statewide.

Author: Doug Hensley, President of Hertz Real Estate Services. Read more from Farm Progress: Will more farmland go on auction block this fall?