Notable Midwest Sales July 2026 Highlight Multi-Tract Auctions
- American Farmland Owner
- 25 minutes ago
- 2 min read
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 $13,000 per acre, reflecting buyers' willingness to pay a premium for smaller, highly desirable parcels.
The sale showcased the continued strength of central Wisconsin farmland values, with bidders competing across a variety of tract sizes and land uses. From larger production farms to smaller investment and expansion opportunities, the auction drew broad interest and ultimately pushed the total sale value above $6.6 million. Results like these suggest that well-positioned farmland continues to attract both local operators and investors despite a more cautious agricultural economy.
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Sangamon County, IL
322.63-acre multi-tract
The Markunas Trust auction in Sangamon County, Illinois featured a contiguous 322.63-acre cropland farm and headquarters site that sold in five separate tracts for a combined $4,435,847. The four farmland tracts ranged from 71.15 to 82.99 acres and were very similar in overall soil quality, with Productivity Index ratings ranging from 126.1 to 129.5. Tract 1 led the sale at $16,000 per acre, followed by Tract 2 at $15,200 per acre and Tract 3 at $13,400 per acre. The 3.82-acre headquarters site sold separately for $172,500.
One of the more interesting takeaways from the auction was the spread in values among tracts with otherwise comparable soil ratings. While Tract 4 had a PI similar to the other farmland tracts, it sold for $8,300 per acre, largely due to approximately 20 acres of timber enrolled in permanent CREP, which significantly reduced its tillable acreage. The results illustrate that buyers continue to place a premium on highly productive, predominantly tillable farmland, while acreage encumbered by conservation programs or non-tillable uses can create substantial value differences even when overall soil quality is similar.
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Pocahontas County, IA
775-acre multi-tract Northwest Iowa Auction
A large-scale land auction in Pocahontas County, Iowa brought 775 acres to the open market, with all nine tracts ultimately selling. The farm featured highly productive soils, with CSR2 ratings generally ranging from 80 to 85, and most tracts brought between $10,250 and $11,050 per acre. The highest price was achieved by Tract 3 at $11,050 per acre, followed by Tracts 5 and 7 at $10,800 per acre. Even the lowest-priced tract sold for $9,500 per acre, resulting in a relatively tight range across the entire offering.
Perhaps the most interesting takeaway from the auction was the consistency of buyer sentiment. Despite differences in tract size, location, and characteristics, bidders generally valued the farm within a fairly narrow range, reflecting the area's strong reputation for productive farmland.
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