Illinois

Corn Belt Sees Consecutive Annual Declines

The Seventh District registers back-to-back drops in farmland values for the first time since the mid-1980s. NATIONAL — TREND Two factors put downward pressure on row crops in 2015: record (or near-record) harvests; and the strong dollar, which slowed exports.

Posted in Agriculture, Cattle, Feature, Federal Policy, Illinois, Indiana, Iowa, Midwest, Missouri, News Desk, Ohio

Farmland Partners Closes $197 Million Illinois Transaction

The publicly traded real estate investment trust (NYSE: FPI) added to its portfolio of North American farmland by acquiring 118 Illinois farms totaling more than 22,100 acres. “This transformative transaction makes FPI one of the largest owners of farmland in

Posted in Agriculture, Farming, Feature, Illinois, Midwest, News Desk

Midwest Cropland Pulls Back 3 Percent in 2015

The Chicago Fed reports that farmland values in the Seventh District retreated 3 percent last year, matching the yearly decrease for 2014 and marking the first consecutive annual decline since the late 1980s. According to the district’s agricultural newsletter, which

Posted in Agriculture, Farming, Feature, Federal Policy, Illinois, Indiana, Iowa, Michigan, Midwest, News Desk, Wisconsin

Land Report February 2016 Newsletter

Thanks to his acquisition of Texas’s Waggoner Ranch, Stan Kroenke vaulted from No. 9 on the Land Report 100 to No. 5 earlier this month. Read more about this historic sale in our February newsletter, and learn about: A Napa estate

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Posted in Agriculture, Auctions, Bankruptcy, California, Cattle, Conservation, Developers, Energy, Farming, Illinois, Indiana, Iowa, Michigan, Midwest, New Mexico, News Desk, Newsletter, Pacific, Recreation, Residential Property, Southwest, Texas, Wisconsin

Wildfire Torch Record Acreage in 2015

Agriculture Secretary Tom Vilsack announced that wildfires burned a record 10,125,149 acres across the United States last year. The 2015 total eclipsed the previous record, which was set in 2006. Of last year’s blazes, more than 50 exceeded 50,000 acres,

Posted in Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Feature, Federal Policy, Florida, Georgia, Great Lakes, Great Plains, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Midwest, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, News Desk, North Carolina, North Dakota, Northeast, Ohio, Oklahoma, Oregon, Pacific, Pennsylvania, Rhode Island, South, South Carolina, South Dakota, Southwest, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West, West Virginia, Wisconsin, Wyoming

Agriculture Sector Endures Second Straight Annual Decline

The Department of Agriculture is projecting that 2015 will mark another down year for American farmers and ranchers with agricultural sector production projected to fall 9.2 percent to $427 billion. Contributing factors include increased global competition and a slowdown in

Posted in Agriculture, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Equities, Feature, Florida, Georgia, Great Lakes, Great Plains, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Midwest, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, News Desk, North Carolina, North Dakota, Northeast, Ohio, Oklahoma, Oregon, Pacific, Pennsylvania, Rhode Island, South, South Carolina, South Dakota, Southwest, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West, West Virginia, Wisconsin, Wyoming

2014 Land Report Best Brokerage: Whitetail Properties Real Estate

Whitetail Properties Real Estate www.whitetailproperties.com (217) 285-9000 2014 Sales: $250 – $500 Million Who: Experts in farms, ranches, and hunting properties. Wow: Finished 2014 nearly 30 percent up year-over-year. Insight: “We had our best year in sales,” says COO Paul

Posted in Agriculture, Cattle, Equestrian, Farming, Feature, Hunting, Illinois, Indiana, Iowa, Midwest, Missouri, Ohio, Recreation, Residential Property

Mixed Messages on Midwestern Land Values in New Federal Reserve Report

Farmland values remained stagnant in the third quarter with slight variations among the states served by the Chicago Federal Reserve District. Illinois and Iowa saw a small dip in the value of farmland, while Indiana held steady; Michigan and Wisconsin,

Posted in Agriculture, Cattle, Farming, Feature, Federal Policy, Illinois, Indiana, Michigan, Midwest, News Desk, Wisconsin

Land Report December 2015 Newsletter

There are several fascinating reads in our final newsletter of 2015. But no one is urging you to read them right away. As the year winds down, all of us at The Land Report hope that we set aside our disappointments and focus on the

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Posted in Agriculture, California, Cattle, Farming, Illinois, News Desk, Newsletter, Oklahoma, Recreation, Texas, West

2014 Land Report Best Brokerage: Mossy Oak Properties of the Heartland

Mossy Oak Properties of the Heartland www.mopheartland.com (816) 224-6868 2014 Sales: $50 – $100 Million Who: Land brokers with expertise in Illinois and Indiana’s rural, farm, and recreational properties. Wow: Strong referral network of loyal clients; a single sale resulted

Posted in Agriculture, Auctions, Cattle, Developers, Farming, Feature, Hunting, Illinois, Indiana, Midwest, Recreation, Residential Property, Timber

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