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Indiana Farmland Values – American Farmland Owner

accountJennifer Moran | calendar-monthSeptember 18, 2026

Our Midwest reporting state of Indiana’s farmland market continues to show a mixed pattern heading into late 2026, according to American Farmland Owner.

Dr. Todd Kueth of Purdue University notes that while there is no crash underway, slight depreciation could emerge as the year closes.

Key forces shaping Indiana’s market include:

  • Expectations for lower crop returns and higher interest rates, both applying downward pressure on values
  • Limited land availability, which continues to support prices despite broader economic headwinds

Market movement across Indiana mirrors trends seen in other Midwest states:

  • Top‑quality farmland: $14,909/acre, up 0.6% year over year
  • Average‑quality farmland: down 1.1% to $12,121/acre
  • Poor‑quality farmland: down 3.1% to $9,460/acre

Kueth notes this pattern resembles the 2014–2019 stabilization period following rapid growth, with statewide values still well above historical averages after a decade of appreciation.

The Purdue report also highlights:

  • A price‑to‑rent ratio substantially above historical levels, suggesting farmland prices may be high relative to income generated by the land
  • Historically, high price‑to‑rent ratios have aligned with lower subsequent returns for investors
  • While low land availability and farmland’s role as an inflation hedge continue to support values, lower net farm returns and higher interest rates may add pressure ahead

Indiana remains a core Midwest reporting state for Land Sales Bulletin, and these trends will be closely watched as 2026 progresses.

Full article by Dave Price via American Farmland Owner: https://www.americanfarmlandowner.com/post/indiana-land-values-could-fall-slightly-in-late-2026

Iowa Farmland Demand Remains Resilient as Dallas County Sale Tops $15,000 an Acre

accountJennifer Moran | calendar-monthSeptember 17, 2026

Premium agricultural ground in central Iowa continues to command aggressive bidding when high-quality tracts hit the open market. As part of Land Sales Bulletin’s Midwest reporting state of Iowa coverage, we track these major local transactions to keep you informed on the latest regional market trends and to serve as your go-to resource for area land value data. A recent auction in Dallas County highlighted this ongoing competitive drive, proving that buyers are still willing to pay top dollar for well-positioned farms with excellent production histories.

The auction featured a 481.3-acre farm property located northeast of Dallas Center. Marketed by Farmers National Co. on behalf of Brenton Brothers, Inc., the land was divided into six tracts and sold using a high bidder’s choice format.

Key details from the benchmark auction include:

  • Total Sales Volume. The six tracts combined for a total sales price of $5,849,610, averaging nearly $12,154 per acre across the entire property.
  • Top Tract Pricing. Tract 6 brought the highest individual valuation of the day, selling for $15,200 per acre for the 47.6-acre parcel.
  • Strong Soil Profile. The offered tracts carried average CSR2 soil ratings above 80, with several parcels featuring nearly 100% cropland and peak CSR2 ratings around 86.5.
  • Diverse Local Buyers. The land will remain in agricultural production, with purchases split among established neighborhood farm operators, adjoining landowners, and Stine Seed Co.

While overall Iowa farmland values have moderated from recent historical peaks, this transaction underscores the steady demand for premium acres. Land boasting high percentages of tillable acreage, efficient field layouts, and strong local access continues to outpace broader market softening.

Author: Brooke Bouma Kohlsdorf, for Successful Farming: Iowa Farm Sale Tops $15,000 an Acre as Buyers Compete

Iowa Farm Sale Tops $15,000 an Acre as Buyers Compete - Successful Farming

Federal Reserve’s 7th District Shows Flattening Farmland Values as Credit Pressures Rise

accountJennifer Moran | calendar-monthSeptember 14, 2026

Farmland values across the Federal Reserve’s 7th District held steady in the second quarter of 2024, marking the slowest growth since late 2024, according to Farm Progress reporting based on a survey of 79 agricultural lenders . The district covers several of Land Sales Bulletin’s Midwest reporting states, including Iowa, northern Illinois, Indiana, southern Wisconsin, and Michigan’s lower peninsula .

Highlights

  • Iowa led the region with a 4% annual gain in farmland values .
  • Illinois posted a modest 1% increase, while Indiana values declined 3% and Wisconsin fell 2% .
  • When adjusted for inflation, district farmland values declined 3.71% year over year, the largest real drop since Q3 2016 .
  • Non‑ag buyers, including solar and data center developers, continue influencing land markets across the Midwest states .
  • Credit concerns are mounting, with major or severe repayment problems rising to 3.7% of district farm loans, the highest level since 2020 .
  • Not a single lender reported improved repayment rates compared to last year, and 27% indicated repayment rates are declining .

Farmland values may be flattening, but credit pressures are building across the Midwest. For LSB’s reporting states, the combination of stable nominal values and rising financial stress underscores the importance of monitoring both land markets and lending conditions heading into 2027.

Listen or Read more from Farm Progress: https://www.farmprogress.com/farm-business/farmland-values-flatten-as-credit-concerns-mount

Federal Reserve’s 7th District Map

U.S. Farmers Highlight Long-Term Value and Family Ties in Farmland Ownership

accountJennifer Moran | calendar-monthSeptember 11, 2026

New analysis from farmdocDaily examines why U.S. farmers own farmland and how they view future land values, drawing on results from the August 2026 Purdue University-CME Group Ag Economy Barometer survey. Responses from approximately 400 producers underscore the unique role farmland plays across the Midwest and beyond.

Report Highlights:

  • Family or sentimental reasons were the top motivation for owning farmland, cited by 45 percent of respondents
  • Long-term investment ranked second at 32 percent, followed by current income at 22 percent
  • Two-thirds of producers indicated farmland is a good investment
  • Producers were more optimistic about farmland values five years out than over the next 12 months
  • Alternative investments and interest rates were identified as the most influential factors affecting farmland values

The full farmdocDaily report is available for download.
Authors: Michael Langemeier and Joana Colussi
Report Link: why-u-s-farmers-own-farmland-and-what-they-expect-for-land-values.html

Why U.S Farmers Own Farmland and What They Expect for Land Values

More Than 1,600 Nebraska Farmland Acres Head to Auction This September

accountJennifer Moran | calendar-monthSeptember 10, 2026

More than 1,623 acres of Nebraska farmland are scheduled for auction in September 2026, according to reporting from Successful Farming. Listings span 10 counties and range from 53 to 320 acres, highlighting a diverse mix of cropland, irrigated acres, pasture, and recreational land across Land Sales Bulletin’s Midwest reporting state of Nebraska.

Summary Points

  • Cass County: 291.17 acres in four parcels featuring cropland, pasture, recreational land, and an acreage site with an 1886 home.
  • Parcel 3 carries an NCCPI of 85.40, signaling strong soil productivity.
  • Kearney County: 80.18 acres with Holdrege silt loam soils and a mix of cropland and pasture.
  • Keith County: 174.82 acres including 131.83 certified irrigated acres, a 2015 Zimmatic pivot, and a 100‑horsepower well motor.
  • Additional auctions span the Panhandle, central, northeastern, and southeastern Nebraska with tracts from 53 to more than 200 acres.
  • Market conditions show stable values but more selective buyers as margins tighten and borrowing costs rise.

Nebraska’s September auction lineup underscores a diverse and resilient land market, with high‑quality irrigated acres, productive soils, and mixed‑use parcels drawing interest across LSB’s Midwest reporting footprint.
Reporting by Amanda Miller, Successful Farming: https://www.agriculture.com/more-than-1-600-acres-of-nebraska-farmland-head-to-the-auction-block-in-september-2026-12070620

More Than 1,600 Nebraska Farmland Acres Head to Auction This September

Central Iowa Farmland Sells for More Than $18,000 an Acre

accountJennifer Moran | calendar-monthSeptember 9, 2026

A high‑quality central Iowa farm sold for $18,100 per acre at a June online‑only auction, according to reporting from Successful Farming. The 146.27‑acre Poweshiek County property reflects continued strength in Iowa’s farmland market, supported by productive soils, strong seed corn history, and competitive local bidding.

Key Summary Points

  • The Poweshiek County farm included 139.98 FSA cropland acres consisting primarily of Garwin, Tama, Killduff, and Muscatine soils.
  • The farm has a strong history of seed corn production, contributing to buyer interest and competitive bidding.
  • Its location adjacent to I‑80 added convenience and market access for operators.
  • The final sale price equated to approximately $216 per CSR2 point, reflecting premium demand for high‑quality Iowa cropland.
  • The auction demonstrates continued resilience in Iowa’s farmland values, especially for farms with strong soils, proven productivity, and favorable access.

As one of Land Sales Bulletin’s Midwest reporting states, Iowa continues to show strong buyer engagement and competitive pricing for high‑quality row crop acres.
Reporting by Dave Price, Successful Farming article: https://www.agriculture.com/central-iowa-farmland-sells-for-more-than-usd18-000-an-acre-12078268

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

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