Minnesota Farmland Market Shows Wide Variability

accountMktgLSB | calendar-monthMarch 10, 2026

Our Midwest state of Minnesota’s farmland market remains a study in contrasts. Some sales are exceeding expectations, while others show signs of softening — and shifting buyer dynamics are playing a major role. Farmers accounted for 70% of Hertz Farm Management’s purchases in 2024, dropping to 58% in 2025 as investor activity increased.

Recent Federal Reserve data shows nonirrigated land values up 0.7% and pastureland up 12% in the 9th District, reflecting strong cattle markets. Strong A‑quality sales continue across Minnesota, with recent prices ranging from $9,779 to $12,916 per acre depending on county and CPI. Read more from Farm Progress: Strength of farmland market continues to vary across Minnesota

As always, Land Sales Bulletin’s timely, finalized land sale data across Minnesota and the broader Midwest provides essential transparency for understanding these trends and benchmarking local market performance: Midwest Land Sales Data

Minnesota land sales - Farm Progress

Iowa Farmland Market – Stable Amidst the Storm

accountMktgLSB | calendar-monthMarch 6, 2026

Despite a winter of volatile weather and a multi-year stretch of low commodity prices, our Midwest reporting state of Iowa’s farmland market remains remarkably resilient. The current landscape is defined by “stability over change,” with land values effectively treading water.

Key Drivers of Stability:

  • Low Inventory: A limited supply of land hitting the market is preventing price drops.
  • Local Demand: Strong interest from local farmers looking to expand operations and investors seeking long-term fundamentals.
  • Steady Rates: Mortgage interest rates have remained in a narrow range, offering no major shocks to the system.

While we see occasional “spike” sales—like a recent $22,000/acre sale in Lyon County—the broader market is expected to “chop sideways” until a fundamental shift occurs in supply or demand. Read more from Hertz Farm Management: https://www.hertz.ag/blog/detail/march-2026-wallaces-farmer-marketplace-extra

March 2026 Midwest Farmland Market Snapshot: Recent Auction Sales

accountMktgLSB | calendar-monthMarch 3, 2026

Farmland auctions across our Midwest reporting states and beyond continue to show strong momentum heading into spring 2026. Progressive Farmer’s recent Landwatch sales report, highlights steady demand for high‑quality cropland, recreational tracts, and irrigated acres, with buyers still prioritizing soil productivity, location advantages, and long‑term income potential.

Recent Auction Results Across the Our Midwest Reporting States:

  • Indiana – Adams County
    A 95‑acre farm east of Decatur sold for $14,737/acre, featuring four mostly tillable parcels with Blount and Pewamo soils and an additional wooded tract.
  • Iowa – Monroe County
    A 135‑acre recreational farm brought $5,400/acre, supported by hardwood timber, CRP grasses generating $11,723 annually, and strong wildlife habitat.
  • Nebraska – Butler County
    A 159‑acre irrigated cropland farm reached $13,783/acre, supported by Hastings silt loam soils, a full‑circle pivot, and proximity to ethanol and crush plants.
  • Ohio – Champaign & Logan Counties
    A 314‑acre farm sold in two tracts for $17,557/acre, backed by strong corn and soybean PLC yields and a balanced crop base.
  • South Dakota – Moody County
    A 161‑acre row‑crop farm brought $12,876/acre, featuring solid PLC yields and added value from 2025 dairy manure application at no cost to the buyer.

Progressive Farmer shares sales details and more: March 2026 Recent Farmland Sales

Landwatch March 2026 Recent Farmland Sales

Iowa farmland values remain remarkably steady

accountMktgLSB | calendar-monthFebruary 20, 2026

Despite persistently low commodity prices and a sluggish start to the year, land values across our Midwest state of Iowa remain remarkably steady. Limited supply continues to be the defining force, with few acres coming to market and a consistent pool of farmer‑buyers and long‑term investors keeping demand firm. Interest rates have held in a narrow range, and without a major shift in supply or buyer appetite, experts expect values to continue moving sideways. Recent sales across multiple counties in our Midwest reporting state show strong support for quality acres and a land market that continues to “chop sideways.” Read more from Farm Progress: Why ‘boring’ isn’t bad for steady Iowa farmland values

Iowa Farmland Market Update: Q4 2025 Results are In

accountMktgLSB | calendar-monthFebruary 19, 2026

Peoples Company has released the latest stats for Iowa agricultural land. While the market continues to shift, high-quality tracts remain a focal point for investors and operators alike in our Midwest reporting state.

The Q4 Numbers:

  • Average Price: $12,975/Acre
  • Price per Tillable Acre: $14,542
  • Price per CSR2 Point: $181
  • Volume: 436 tracts sold (35,698 total acres)

Find the full breakdown by district and the latest insights on our Midwest state of Iowa in their their full report: Iowa Land Values Update | 2025 Quarter 4

Over 7,300 Acres of Iowa Farmland Scheduled for Auction in February 2026

accountMktgLSB | calendar-monthFebruary 18, 2026

Our Midwest reporting state of Iowa’s farmland market is heating up this February — more than 7,300 acres across 38 counties are heading to auction. Key highlights for real estate pros, lenders, and appraisers:

• Large multi‑tract offerings in Mahaska & Des Moines Counties
• Strong CRP income on several parcels
• High‑quality cropland with solid CSR2 ratings
• 47+ auctions statewide, from live events to sealed bids
• Market experts point to a stable but highly selective land environment in 2026

A valuable month to watch for pricing signals, buyer behavior, and regional demand shifts. Successful Farming: Over 7,300 Acres of Iowa Farmland Scheduled for Auction in February 2026

OVER 7,300 ACRES OF IOWA FARMLAND SCHEDULED FOR AUCTION IN FEBRUARY 2026

Midwest farmland values ended 2025 with resilient growth

accountMktgLSB | calendar-monthFebruary 17, 2026

Federal Reserve Bank of Chicago AgLetter No. 2011, February 2026 – Our Midwest reporting states farmland values ended 2025 on solid footing.

• +6% annual increase across the Seventh District
• Q4 values up 2% • IL, IN, IA, WI all posted single‑digit gains
• Credit conditions tightened, but interest rates eased

Read more: https://www.chicagofed.org/publications/agletter/2025-2029/february-2026. Land Sales Bulletin’s Midwest sales data demonstrates the strong demand for high‑quality tracts, reinforcing the Chicago Fed’s findings.

Are Farmland Values Leveling off Nationwide

accountMktgLSB | calendar-monthFebruary 11, 2026

Farmland values across the Midwest are holding historically strong, even as the market shifts into a more balanced, disciplined phase. According to Farm Progress, our Midwest reporting states from Illinois, Iowa, Minnesota, the Dakotas are seeing values stabilize near record highs, with buyers becoming more selective and quality-driven.
“Midwest farmland values remain historically strong heading into 2026” has been an encouraging and consistent headline. Our data reinforces this message: the market isn’t falling—it’s normalizing, with long‑term confidence and limited supply keeping values elevated. Read more from Farm Progress – Farmland values hold steady, reflect shift toward balanced market

Midwest Farmland Values 2026 Overall Trend: Stable, Historically Strong Values

accountMktgLSB | calendar-monthFebruary 10, 2026

Our Midwest reporting states farmland values remain resilient and historically high entering 2026, even with softer grain prices and tighter margins. The January 2026 Benchmark Farmland Report shows that land across eight Midwest and Plains states continues to perform well thanks to:

  • Tight land supply
  • Financially strong, well‑capitalized buyers
  • Steady producer demand

The message to landowners: high‑quality farmland remains one of the most durable long‑term assets in agriculture. Learn more about the tracked 93 benchmark farms and more from Whitaker Marketing GroupMidwest Farmland Values 2026 Iowa and Regional Land Prices

Midwest Farmland Values 2026 Iowa and Regional Land Prices - Whitaker Marketing Group