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

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

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

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

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

A downward economic trend has continued for another month for Creighton University’s “Rural Mainstreet Index (RMI),” according to its latest survey of rural bank CEOS in a 10-state region. RMI surveys leaders in Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota, and Wyoming. The index measures approximately 200 rural communities with an average population of 1,300. Input costs rise for farmers “The farmers out there and ranchers are