In the News

Current happenings in the ag world.

Bankruptcy court confirms sale of 1,151 acres in auction that clears way for continued Grainger operations

September 25, 2015

The Florida farmland picture got a bit clearer Sept. 25 with court approval of the sale of $11.3 million in assets, as part of the Chapter 11 proceedings for Grainger Farms, Inc., Grainger Land, LLC, and SamAnn Farms, LLC.

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Plans remain on track for auction of farmland in Hendry and Collier Counties

August 26, 2015

NAPLES, FLORIDA (August 26, 2015) -- Plans remain on track and are proceeding as scheduled for the September 17 auction of Immokalee Farm in Hendry and Collier counties, according to Murray Wise Associates LLC, which will conduct the auction in cooperation with Crosby & Associates, Inc. The auction of excess equipment, being sold in cooperation with Weeks Auction Co. Inc., will also proceed as planned on September 18. Read more

Immokalee Farm in Hendry and Collier counties set for Sept. 17 auction

July 29, 2015

A turnkey 1,151-acre farm that stretches across the county line between Hendry and Collier counties just outside of Immokalee, FL, will be offered at auction Thursday, Sept. 17, followed by a separate auction of farming equipment on Friday, Sept. 18.  Murray Wise Associates LLC will conduct the auction in cooperation with Crosby & Associates, Inc. and Weeks Auction Co., Inc..  Read more

McDonough County farmland, grain storage set for June 23 auction

May 22, 2015

CHAMPAIGN, Illinois (May 21, 2015) – A 334-acre farm in west central Illinois will be offered at auction Tuesday, June 23, with Murray Wise & Associates marketing the land and managing the event.

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Douglas County, Ill., farmland sells for $10,668 per acre

April 15, 2015

CHAMPAIGN, Illinois (April 15, 2015) – Tuesday’s auction of a farm that included 196 acres of tillable farmland attracted a crowd of more than 50 people – including 22 registered bidders – resulting in a sale price of $2,091,000, or $10,668 per acre, for the tillable land. Champaign-based Murray Wise Associates marketed the property and managed the auction.

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Productive Douglas County, Illinois, farm to be offered in April auction

March 18, 2015

CHAMPAIGN, Illinois (March 18, 2015) – A 201-acre farm in Douglas County, Illinois, will be offered at auction Tuesday, April 14, with Murray Wise Associates marketing the property and managing the sale.

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Southern Minnesota farmland sells for $9,285 per acre

March 13, 2015

AUSTIN, Minnesota (March 13, 2015) – Low corn prices weren’t enough to dampen demand for a 224-acre farm in Mower County Thursday. The farm sold for $2.08 million, or $9,285 per acre, in an auction conducted by Murray Wise Associates.

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Murray Wise Associates Foundation to offer scholarships for agriculture students

January 22, 2015

CHAMPAIGN, Ill. -- The Murray Wise Associates Foundation has announced the availability of merit-based scholarships for qualified agricultural students regardless of where they plan to study. Candidates must apply by March 31, 2015.

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"Different kind of market" ahead for farmland

December 19, 2014

"Different kind of market" ahead for farmland

CHAMPAIGN, Illinois (Dec. 19, 2014) -- When it comes to farmland prices, the only certain thing about 2015 is that it will be unlike any year we've seen in a while, according to farmland authority Murray Wise, president of Murray Wise Associates.

"This year has been one of transition, with prices varying widely depending on land quality and location. The market has been rewarding the more productive land, but buyers have been less enthusiastic about lower quality land in poorer areas. As to the overall direction, I think we'll start to get more clarity in the coming months, especially in the Corn Belt," said Wise.

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Demand for Florida land growing, exceeding current supply

December 8, 2014

Seemingly disconnected events and trends around the country have come together to create unprecedented demand for Florida agricultural land. But there's only one problem: There isn't enough farmland on the market to satisfy the demand, according to veteran Florida land broker Ben Crosby.

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