Midwest Farmland Auctions Post $14,100 to $22,220 Per Acre in January Sales

$22,200 per acre

75.513 m/l acres in Effingham County, Illinois

January 21, 2026

A high-quality tract in Effingham County, Illinois sold at public auction on January 21, 2026, bringing $22,200 per acre for a total of approximately $1.68 million. The property, located in Bishop Township northwest of Dieterich, consisted of 75.513 m/l acres of productive cropland with a strong 109.3 Productivity Index. The Krabbe-Spitz farm featured excellent access along E. 1200th Avenue and N. 2200th Street and attracted competitive bidding both in person and online. The sale reflects continued demand for well-located, high-PI farmland in south-central Illinois.

Auction Results

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$20,000 per acre

111 m/l acres in Johnson County, Iowa

January 16, 2026

A well-located Washington Township farm in Johnson County, Iowa sold at on-site auction on January 16, 2026, bringing $20,000 per acre for the 111-acre m/l tract. Situated north of Kalona, the farm included 103 tillable acres with an average CSR2 of 79.4 and featured soils such as Ladoga silt loam, Mahaska silty clay loam, Givin silt loam, and Colo-Ely complex. The property benefits from gentle slopes, existing tile, and minimal surface water issues, along with close proximity to grain markets and hard-surface roads.

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$18,900 per acre

146.14 m/l acres in Moody County, South Dakota

January 15, 2026

A high-quality tract in Grovena Township, Moody County, South Dakota sold at public auction on January 15, 2026, bringing $18,900 per acre for the 146.14-acre m/l farm. The property included 144.43 FSA cropland acres and carried a strong 90.4 overall Productivity Index, with Grovena and Grovena-Bonilla loams making up the majority of the soils. Located at the corner of SD Highway 13 and SD Highway 34, the farm featured gentle slopes, efficient field layout, and excellent access. The sale emphasizes strong demand for top-tier eastern South Dakota cropland.

Auction Results

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$18,000 & $14,100 per acre

320 m/l acres in Seward County, Nebraska

January 6, 2026

At a simulcast auction held on January 6, 2026, two irrigated tracts totaling 320 m/l acres in Seward County, Nebraska sold at differing price levels. Tract 1 brought $18,000 per acre, while Tract 2 sold for $14,100 per acre, reflecting variations in improvements and overall utility between the parcels. Both farms have a long history of seed corn production and include strong irrigation infrastructure with high-capacity wells, along with excellent access and proximity to multiple competitive grain markets. Open tenancy for the 2026 crop year added to buyer interest, making this a solid benchmark sale for irrigated cropland in central Nebraska.

Auction Results