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June 2026 Farmland Market Update: Stability Holds Across the Corn Belt

accountJennifer Moran | calendar-monthJune 15, 2026

Hertz Real Estate Services’ June 2026 Farmland Market Update highlights a land market that remains steady across the Corn Belt, even as producers navigate tighter margins and shifting interest‑rate expectations. Hear from their President, Doug Hensley, shares the latest on farmland values, current market conditions, and key factors influencing the land market – Hertz Farmland Market Update Videos

Across the Midwest, Land Sales Bulletin’s finalized land sale data reflects the same trend: resilient pricing for top‑tier cropland across our Corn Belt states. While softer commodity prices and elevated input costs are creating pressure, neither has meaningfully disrupted the market’s underlying strength.

As both a trusted customer and a leading voice in the farmland industry, proud to share Hertz’s latest update. Make sure to sign up to have their Farmland Market Updates land in your inbox: https://www.hertz.ag/subscribe

South Dakota Farmland Market Update: Stability Driven by Local Demand

accountJennifer Moran | calendar-monthJune 12, 2026

South Dakota continues to demonstrate steady strength and stability in the Midwest farmland market, supported by limited supply, strong operator interest, and stable cash rents. As one of Land Sales Bulletin’s Midwest reporting states, South Dakota remains a key region where finalized sales data helps producers, lenders, and landowners understand real-time market conditions.

Recent insights from ASFMRA‘s South Dakota Ag Update highlight several consistent themes. High-quality tracts continue to draw competitive bidding, with local producers leading most purchases. Investor activity remains present but secondary to operator demand. Cash rents are holding firm across much of the state, supported by strong balance sheets and the ongoing scarcity of acres coming to market.

With planting season progressing and producers optimistic about field conditions, the overall outlook remains steady. Limited supply continues to be the defining factor supporting values, even as margins tighten and operating costs rise.

Tune in to learn more in ASFMRAs South Dakota Ag Update.

Land Sales Bulletin will continue to track finalized sales across South Dakota and the broader Midwest to keep the market informed.

Illinois Farmland Sales Hold Steady in Q1 as Smaller Tracts Lead the Way

accountJennifer Moran | calendar-monthJune 1, 2026

Illinois farmland sales remained steady through the first quarter of 2026, with more than 10,190 acres changing hands and total reported sales topping $103.5 million. Most transactions clustered between $10,000 and $13,000 per acre, reflecting a balanced, stable market despite broader economic pressures.

One of the most notable trends was the continued strength of smaller tracts under 80 acres, which averaged $11,443 per acre, outpacing larger farms by roughly $640 per acre. Local farmers remained the dominant buyers, accounting for 57% of purchases statewide.

Top-end parcels continued to command premiums, with several sales exceeding $20,000 per acre in counties such as Hancock, Effingham, and Christian. While market signals point to ongoing volatility, Illinois farmland values overall remain supported by strong local demand and consistent pricing. Successful Farming: Illinois Farmland Sales Top $103 Million in Q1 as Small Tracts Outpace Larger Farms

As always, Land Sales Bulletin, reporting finalized land sales across its 10‑state Midwest region—including Illinois—continues to track these trends to keep buyers, sellers, and advisors informed.

Crop output gains more influence in sideways land market

accountJennifer Moran | calendar-monthJuly 14, 2025

Learn from Doug Hensley, President of Hertz Real Estate Services, as he shares about the factors influencing and pressuring a “sideways and choppy” land market and prices. Features details to several land sales throughout our Midwest reporting state of Iowa. Read more in this Farm Progress report – https://bit.ly/3UaWog1

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