Illinois

Land Values in Corn Belt Shed Three Percent

Stalling commodity prices take their toll with corn off 21 percent and soybeans down 33 percent from 2014 highs. –The Editors MIDWEST — FOCUS The following conclusions are based on survey responses of 221 agricultural bankers in the Seventh District.

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

U.S. Interior, Justice Departments to Settle with Tribes

The United States Department of the Interior along with the Department of Justice have agreed to a proposed $940 million settlement to resolve a quarter-century-old legal dispute with Native American tribes. At issue: costs for programs the federal government mandated

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

2014 Land Report Best Brokerage: Peoples Company

Peoples Company www.peoplescompany.com (515) 240-7500 2014 Sales: $100 – $250 Million Who: Offers investment, management, and appraisal services in eight Midwestern states. Wow: 2014 saw a 56 percent increase in sales; Peoples Company also acquired Total Realty in DeWitt, Iowa,

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

Farmland Values Stabilize in the Midwest

Farmland values in the Seventh Federal Reserve District were unchanged from a year before and actually rose 1 percent in the first quarter of 2015. –The Editors MIDWEST — FOCUS The following conclusions are based on the responses of 234

Posted in Agriculture, Equities, Farming, Feature, Federal Policy, Illinois, Indiana, Iowa, Missouri, News Desk, Ohio

2014 Land Report Best Brokerage: Lashley Land and Recreational Brokers

Lashley Land and Recreational Brokers www.lashleyland.com (308) 532-9300 2014 Sales: $50 – $100 Million Who: Focuses on the western half of Nebraska with an eye toward the needs of the rancher, farmer, and outdoor sportsman. Wow: Listed Winemaker’s Island Preserve

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

US Farm Trust Closes $300 Million Fund

Institutional investors back privately held REIT. San Antonio-based US Farm Trust announced on Aug. 13 that it has closed on over $300 million in commitments from institutional investors. The real estate investment trust (REIT) was established to acquire and manage

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Posted in Agriculture, Alabama, Alaska, Arizona, Arkansas, California, Cattle, Colorado, Connecticut, Delaware, Farming, 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: Mossy Oak Properties

Mossy Oak Properties www.mossyoakproperties.com (866) 667-2289 2014 Sales: > $250 Million Who: Network of more than 75 franchise offices in 22 states with expertise in rural land for recreational and investment purposes. Wow: The Mossy Oak Properties network has opened

Posted in Agriculture, Alabama, Arkansas, Cattle, Colorado, Farming, Feature, Florida, Georgia, Great Lakes, Great Plains, Hunting, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Midwest, Mississippi, Montana, North Carolina, Ohio, Oklahoma, Oregon, Pacific, Recreation, South, South Carolina, Southwest, Tennessee, Texas, Virginia, West, Wisconsin, Wyoming

2014 Land Report Best Brokerage: Hertz Real Estate Services

Hertz Real Estate Services www.realestate.hertz.ag (515) 382-1500 2014 Sales: $250 – $500 Million Who: Midwest farmland experts providing acquisition services and expert knowledge of 1031 tax-free exchanges. Wow: Helped an investor sell 566 acres at $12,014 per acre, transacted through

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

Job Growth in Agriculture Sector Outpaces Graduates

Each year an average of 57,900 job openings are created in agriculture and renewable natural resources, yet only 35,400 college degrees in agricultural-related fields are awarded in the U.S. This leaves a shortfall of 22,500 positions. According to the USDA,

Posted in Agriculture, Alabama, Alaska, Arizona, Arkansas, California, Cattle, Colorado, Connecticut, Conservation, Delaware, Farming, 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, Public Land, Rhode Island, South, South Carolina, South Dakota, Southwest, Tennessee, Texas, Timber, Utah, Vermont, Virginia, Washington, Water, West, West Virginia, Wisconsin, Wyoming

Land Report 2014 Agriculture Deal of the Year: Proventus Portfolio

A multi-state portfolio totaling 13,450 acres in the Midwest, Delta, Southwest, and Rocky Mountains sold for more than $46 million. The massive sale required four days of auctions by Schrader Real Estate and Auction Company. “We had good results on

Posted in Agriculture, Arkansas, Auctions, Colorado, Eric OKeefe, Farming, Feature, Illinois, Louisiana, Midwest, Mississippi, News Desk, South, Southwest, Texas, West

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