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Midwest

Iowa Farmland Sets Record Highs for Sixth Straight Year

Iowa State reports that the value of an average acre of farmland has increased for the ninth year in a row to an all-time high. According to the survey’s director, ISU Extension farm economist Mike Duffy, land values have doubled

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Posted in Eric OKeefe, Farming, Feature, Midwest, News Desk, Regional News, Topics

Chesapeake Gets $3+ Billion Injection for Marcellus Shale

So the bottom has fallen out of the energy markets and commodity prices are dropping even lower. Next step? Time to welcome the overseas investors. Remember, folks, we’ve got trillions of dollars of assets tied up in land, and all

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Posted in Energy, Eric OKeefe, Feature, Midwest, Minerals, News Desk, Northeast, Regional News, South, Topics

Sold! $50 Million of Recreational Land at Midwest Auction

These days investing in the stock market is not for the faint of heart, and in markets from coast to coast thousands of developer-owned condos now sit vacant. But when it comes to land, there’s no shortage of motivated buyers. That’s the takeaway

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Posted in Auctions, Eric OKeefe, Farming, Feature, Hunting, Midwest, News Desk, Recreation, Regional News, Timber, Topics

Top Ethanol Producer Files For Bankruptcy

One of the leading stories of 2008 has been skyrocketing commodity prices and the corresponding surge in land values throughout the Midwest, Great Plains, Southwest, and other mineral-rich areas of the country. Although the bubble has by no means burst, there

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Posted in Energy, Eric OKeefe, Farming, Feature, Midwest, News Desk, Regional News, Topics

CAT Makes It 300 in a Row

In the midst of a mounting avalanche of bad economic news, I thought it worth singling out one company with strong ties to the land that continues to shine. Earlier this month, Caterpillar announced that it was paying a quarterly dividend

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Posted in Equities, Eric OKeefe, Feature, Midwest, News Desk, Regional News, Topics

“The Land Market Has Never Been Stronger”

So says Mac Boyd, a broker at Farmers National in Arcola, Illinois. Boyd is just one of the many veteran real estate professionals who are closely monitoring the strongest farmland market in decades.

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Posted in Eric OKeefe, Feature, Great Plains, Midwest, News Desk, West

High Price of Corn Means Less Land for CRP

Driving today I tuned into C-SPAN Radio on my XM dial looking for something better than the latest Top 20. I caught the tail end of a conversation,  Congressional testimony it sounded like, regarding the current food crisis that is

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Posted in Conservation, Energy, Farming, Feature, Midwest

Corn Profits Sky High

Corn revenues could easily surpass $40 billion in the United States this year as farmers rush to take advantage of rising interest in ethanol,  according to a recent report issued by the U.S. Department of Agriculture.

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Posted in Agriculture, Federal Policy, Great Lakes, Great Plains, Midwest, South, Southwest, West

Rising Land Values in Illinois

Farmland values in Illinois increased by nearly 6 percent during the first half of this year with investors, both local and national, bidding up the rural properties, particularly in the “collar counties” around Chicago. Rather than focus on short-term problems in

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Posted in Midwest, Regional News

The Clean Energy Scam

Amazing new diets, intriguing self-help books, a daily dose of St. John’s Wort – we are a country obsessed with quick fixes. Now, as Time points out in this cover story titled The Clean Energy Myth, we can add ethanol

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Posted in Eric OKeefe, Feature, Midwest, News Desk

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