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News, Insights & Interviews Archive


How Marketing Turned Two-State Farm Sale into Regional Event with Midwest Land Broker Johnny Klemme
A two-state, 1,477.5-acre farm sale just closed for $22.45 million, and it wasn't luck. Geswein Farm & Land Realty's Johnny Klemme explains how branding an Illinois-Indiana portfolio as one regional event, pairing a hybrid live/online auction, and spotlighting decades of tenant stewardship drove nearly 800 bids and turned a multi-generational family farm into the sale everyone was watching.
Dave Price
3 days ago4 min read


Notable Midwest Land Sales September 25, 2026
Illinois farmland just hit $25,700 an acre. In Douglas County, all three tracts of the 114.77-acre Winslow Farm sold at that identical price via a Choice & Privilege auction, while a 172.48-acre Jones County, Iowa trust farm with a 93.1 CSR2 rating and a 325.78-acre, five-tract Minnesota sale rounded out a strong week for Midwest land values.
American Farmland Owner
3 days ago2 min read


Risk Management Firm Executive Dustin Carlson: Why 831(b) Is Getting Another Look from Farmland Owners
Growing risk may be outweighing previous abuse, Dustin Carlson, President of SRA 831(b) Admin, believes as people weigh potential benefits of micro-captive insurance plans for small and mid-sized businesses.
Dave Price
Sep 184 min read


Here's What Led to Federal Reserve Raising Interest Rates
The American economy is feeling the weight. None of these things were what supporters had in mind when President Donald Trump returned to office in January 2027 with Republican majorities in the U.S. House and Senate.
Dave Price
Sep 183 min read


Illinois Farmland Cash Rents Fall for Second Straight Year, University of Illinois Report Shows
The U.S. Department of Agriculture's latest data show Illinois farmland cash rental rates have declined for the second year in a row.
Brooke Bouma Kohlsdorf
Sep 183 min read


Agriculture's Impact on North Carolina
A new report lays out the value of agriculture in North Carolina: nearly one million jobs and $117 billion in economic activity.
Dave Price
Sep 113 min read


Indiana Land Values Could Fall Slightly in Late 2026
There is no land value crash, far from it, actually, but the author of a statewide survey of land values in Indiana would not be surprised if slight depreciation takes place in the final months of 2026.
Dave Price
Sep 112 min read


Veteran Land Broker Lou Jewell: Wants to Help Others Learn the Land Business
Sure, Lou Jewell could be sitting on a beach. Others his age, 77, may be doing that or wishing that they could. Jewell doesn't. He is in his fourth decade as a rural North Carolina land broker, and he is committed to helping others learn the land business.
Dave Price
Sep 113 min read


Central Iowa Farm Auction Tops $5.8 Million Across Six Tracts
A 481-acre farm in Dallas County, Iowa, sold at auction in early August for a combined $5,849,610, averaging $12,154 per acre.
Brooke Bouma Kohlsdorf
Sep 42 min read


Agronomy Tech CEO Kenny Avery: Section 180 Interest is Growing
Every farmer knows that most of the future value is the land, but more may be realizing that what is in the dirt may grow extra value. Section 180 in the federal tax code allows farmland owners to recognize residual soil fertility for a potential tax deduction.
Dave Price
Sep 43 min read


How a Nebraska Landowner Used a 721 Exchange to Keep the Next Generation Farming
When Larry Consbruck retired from farming in 2014, he decided not to sell the 1,100 acres he owned and operated just outside the south central Nebraska towns of Juniata and Roseland. Instead, he leased the land to his nephew, a young farmer who wanted to farm but didn't have land of his own.
Brooke Bouma Kohlsdorf
Aug 284 min read


Chicago Fed: Farmland Values Hold Steady Across Midwest
Every three months, the Chicago Federal Reserve Bank releases a snapshot of farmland values and agricultural credit conditions across its Seventh Federal Reserve District, which includes Iowa, Illinois, Indiana, Wisconsin, and Michigan. The latest survey shows farmland values were essentially unchanged during the second quarter of 2026. Are Farmland Values Staying Flat in the Midwest? According to the Chicago Fed, farmland values across the five-state region were unchanged in
Brooke Bouma Kohlsdorf
Aug 213 min read


Crop Insurance Executive Kyle Jore: The Future of Crop Insurance May Be More Important Than Ever
For farmers and ranchers, deciding to sell a piece of land is much more than a business decision, especially if the land has been in the family for generations. This isn’t just selling a piece of property.
Dave Price
Aug 143 min read


Local Demand Continues to Drive Strong Farm Sales in Iowa
Carroll County, Iowa, farm that sold in July for $16,900 per acre. Photo courtesy: Adam Pick, Farmers National Company. An 80-acre tract of farmland in Carroll County, Iowa, sold in mid-July for a price that topped many recent comparable sales in the area. The 79.2-acre farm brought $16,900 per acre, or $1,338,480 total, during a live auction on July 14. Adam Pick of Farmers National Company said the property, located just outside Glidden, had several factors working in its f
Brooke Bouma Kohlsdorf
Aug 143 min read


USDA Gives Farmers More Time to Pay Crop Insurance Premiums, Listening Sessions Planned
The struggles of American farmers and ranchers could get some assistance in the form of a delay in paying some of their bills. The USDA announced that farmers can have an additional 60 days to pay crop insurance premiums, administrative fees, and amounts due under written payment agreements that establish the required terms for repaying delinquent debts or setting up installment plans. Supplementary Payment Agreement for Farm Service Agency (FSA) loans or Rural Housing Servic
Dave Price
Aug 142 min read


What Four Standout Land Sales Say About Farmland Values in 2026
Every land sale tells a story. Sometimes it’s a stocked lake that took years to build. Sometimes it’s world-class soils, a rare large tract, or a location where land rarely comes up for sale. American Farmland Owner examined four notable land sales from 2026 and highlighted what made each property unique and what the final sale price says about land values in today’s agricultural economy. While these four farms are different in many ways, they shared an important characterist
Brooke Bouma Kohlsdorf
Aug 63 min read


Report: Why South Dakota, Kansas, and Nebraska Could Have Advantages Over Neighbors Because of Livestock
When Terrain Ag Agricultural Economist Matt Erickson examined more than three decades of farmland returns in a comprehensive study, one group of states stood out. While Illinois, Indiana, and much of the Eastern Corn Belt generated much of their wealth through steady land appreciation, states like South Dakota, Kansas, and Nebraska followed a different path. Their strength wasn't simply rising land values; it was their ability to generate income. So, what makes those states d
Dave Price
Aug 62 min read


Dividing Farm Into 22 Tracts Pays Off in $10.5 Million Illinois Sale
Farm in Edwards County, Illinois. Photo courtesy of Kurtz Auction & Realty. A 1,277-acre farm in southeastern Illinois sold for nearly $10.5 million during a July 9 auction after being divided into 22 tracts. The property, located near West Salem and Albion, brought a total of $10,500,000 averaging $8,222 per acre. The auction was managed by Jason Blue of Kurtz Auction & Realty, who said it was the largest property he has handled this year. Despite the size of the sale, and t
Brooke Bouma Kohlsdorf
Jul 313 min read


Why This Farm Downturn Isn’t Another 1980s Crisis
It’s been a tough few years for farmers facing high input costs, low crop prices, and weaker farm income. Whenever the ag economy is in a prolonged downturn, it’s common to find someone asking if this is another 1980s farm crisis. At the Iowa Farm Bureau 2026 Economic Forum in Des Moines, economists said today’s pressures are real, but the situation is not the same as the ‘80s. “We are in the third year of a multi-year downturn,” said Dr. Christopher Pudenz, economist with th
David Geiger
Jul 313 min read


Notable Midwest Sales July 2026 Highlight Multi-Tract Auctions
Juneau County, WI Major 804-Acre Portfolio Brings $6.64 Million at Auction A large multi-tract auction in Juneau County, Wisconsin sold in July, with 799.66 acres m/l selling for $6,639,601, or an average of $8,303 per acre. The offering was highlighted by several quality cropland tracts, including Tracts 1, 2, and 3, which each sold for $8,700 per acre, while the 123.14-acre Tract 4 brought $9,000 per acre. The highest per-acre result came from the 11.66-acre Tract 10 at $13
American Farmland Owner
Jul 242 min read
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