Minnesota Land Values – Land Sales Bulletin

Minnesota Farmland Sales Reflect Firming Market Conditions

Jennifer Moran | September 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

Eastern Wisconsin Farmland Values Rise with Dairy Demand

Jennifer Moran | August 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

Summer 2026 Farmland Values: Stability Across Illinois, Iowa, Minnesota & Nebraska

Jennifer Moran | July 1, 2026

Farmland values across Land Sales Bulletin’s Midwest reporting region continue to show steady, resilient performance heading into Summer 2026, according to Hertz Farm Management’s latest update.

Iowa remains stable, with farmland values increasing 1.3% from September 2025 to March 2026 . Over the past 12 months, Iowa posted a net 0.3% gain after a brief dip earlier in 2025.
Illinois shows a choppy‑sideways trend. “Excellent” quality land declined 3%, while “Good” and “Average” land remained flat and “Fair” land increased 2% . Despite near‑term caution—61% of respondents expect prices to decline in 2026 —values remain 49–54% above 2020 levels.
Nebraska cropland values softened, declining 1–3% statewide, while grazing land rose up to 7% on strong cattle prices . Overall agricultural land values fell 1% year‑over‑year, marking a second consecutive annual decline.
Minnesota remains resilient, with modest increases in non‑irrigated cropland prices and ranchland rents, while irrigated rents declined . Lenders remain cautious, with 64% expecting farm incomes to decrease in the year ahead.

Across the Corn Belt, limited land supply, steady buyer interest, and stable long‑term fundamentals continue to support values despite tighter margins and broader economic volatility. Read more from Hertz Farm Management: https://www.hertz.ag/blog/detail/farmland-values-update-summer-2026

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

Jennifer Moran | June 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

Minnesota Farmland Market Holds Steady as 2026 Outlook Improves

Jennifer Moran | April 1, 2026

Minnesota’s farmland market continues to demonstrate resilience heading into spring, supported by firmer commodity prices, USDA bridge payments, and improved grower sentiment. While demand isn’t at the peak levels seen from 2021–2023, values across the state remain steady, with recent sales showing strong productivity indexes and competitive per‑acre prices

As one of Land Sales Bulletin’s Midwest reporting states, Minnesota plays a key role in illustrating broader regional trends: moderated demand, lower sales volume compared to the boom years, and a market that continues to hold value despite higher interest rates and input cost uncertainty. With farmers entering the 2026 planting season facing more positives than negatives, Minnesota’s land market remains a steady anchor in the Midwest. Read more from Farm Progress: Demand for Minnesota farmland holds steady as outlooks improve

Compeer Financial – 2026 Farmland Values Outlook

Jennifer Moran | February 3, 2026

Compeer Financial’s latest Appraisal Report episode unpacks how farmland values across our Midwest reporting states of southwestern Minnesota, northern Iowa, and eastern South Dakota continue to reflect long-term fundamentals rather than short-term commodity swings. Even with tighter crop margins, buyer demand for high-quality acres remains strong across our Midwest states. Watch or Read in their links below:

Watch: https://ow.ly/tz2v50Y5pfl

Read: https://ow.ly/UyrJ50Y5pfk

Minnesota Farmland Values in 2025

Jennifer Moran | December 30, 2025

The excellence and value we’ve come to know from Whitaker Marketing Group Auctions and Real Estate for reporting our Iowa’s farmland values now extends to Minnesota, bringing the same level of distinction with their expansion into our Midwest reporting state.
Minnesota Farmland Values in 2025: Steady Growth Amid Lower Sales Volume –
In 2025, Minnesota’s farmland values held firm, recording a 1.06% increase to just over $8,054 per acre. Despite this steady growth, the market saw fewer acres offered for sale, resulting in a significant decrease in overall sales volume by nearly 26%. This shift reflects a quieter market, not a weaker one. Find their full comprehensive analysis: Minnesota Farmland Prices: 2024 vs 2025 Market Update

Hertz October 2025 Farmland Market Update

Jennifer Moran | October 14, 2025

Hertz Farm Management latest farmland market update with Doug Hensley, President of Hertz Real Estate Services, shares timely updates on our Midwest farmland. Learn about the driving factors influencing the market and farmland values. Key sales from our Midwest reporting states of Illinois, Iowa, and Minnesota are highlighted. Tune in here for all the details – https://bit.ly/3KRMLS4

Land Sales: Minnesota land values are up 5.3% from 2024

Jennifer Moran | October 1, 2025

According to this recent Farm Progress report, Minnesota’s land values have seen a slight increase, despite weakened farming finances. Learn about the steady stream of farmland auctions and listings for our Midwest reporting state of Minnesota, as the farm sale season begins. Read more here: https://bit.ly/4nErtWQ

Flat but Firm Farmland Values: What’s Driving Today’s Market

Jennifer Moran | August 25, 2025

Compeer Financial shares farmland values “remain firm in 2025 – but multiple factors could shift the market in the months ahead” for our Midwest reporting states of Illinois, Wisconsin and Minnesota. Find a break down by state trends, key factors influencing farmland values, and explore current indicators for the remainder of 2025. Read their full article: C ompeer Financial: Flat but firm farmland values 8-2025