Land Sales Bulletin’s Midwest reporting states saw strong July auction activity, with Wisconsin, Iowa, and Illinois each posting notable results across multitract offerings. Successful Farming’s coverage shows continued buyer demand for productive cropland and premium parcels.
Summary Points:
- Wisconsin: Nearly 800 acres in Juneau County averaged $8,303 per acre, with Tracts 1–3 at $8,700 per acre and a premium 11.66‑acre parcel reaching $13,000 per acre.
- Iowa: A 775‑acre Pocahontas County auction saw prices from $9,500 to $11,050 per acre, led by Tract 3 at $11,050 per acre and supported by strong CSR2 ratings of 80–85.
- Illinois: Sangamon County’s Markunas Trust sale produced a wide value spread, with Tract 1 at $16,000 per acre and Tract 4 at $8,300 per acre due to CREP‑enrolled timber reducing tillable acres despite similar PI ratings.
These results reinforce the resilience of well‑positioned farmland across LSB’s Midwest reporting region, even as operators and investors navigate a cautious ag economy.
Source: Successful Farming | Author: Dave Price | Full report: Wisconsin Farmland Brings More Than $8,000-per-Acre Average at Auction
