In the News

Current happenings in the ag world.

"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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North Carolina recreational, timber land sells at auction for $2,125,000

October 30, 2014

LITTLETON, N.C. (Oct. 29, 2014) – The property known locally as the Stansbury Farm – approximately 1,367 acres of managed timber, recreational and pasture land in Halifax County, N.C. – sold for $2,125,000 Tuesday in an auction managed by Murray Wise Associates and Woltz & Associates.

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Ohio recreational land sells at auction for $3,582,340

October 14, 2014

ZANESVILLE, Ohio – (Oct. 14, 2014) – Approximately 1,966 acres of Ohio recreational land sold for $3,582,340 Saturday, with Schrader Real Estate and Auction Company managing the sale, in cooperation with Murray Wise Associates.

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Clay County farmland auction set for Nov. 17

October 6, 2014

CLAY CITY, Ill. (Oct. 6, 2014) – Approximately 760 acres of Clay County, Illinois farmland – most of it tillable – will sell at auction Monday, Nov. 17, with Murray Wise Associates marketing the property and managing the sale.

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DeWitt County land adjacent to Clinton Lake Recreation Area set for Nov. 6 auction

September 29, 2014

CLINTON, Ill. (Sept. 24, 2014) – Approximately 402 acres of land – including tracts bordering Clinton Lake Recreation Area – will be offered at auction Thursday, Nov. 6, with Murray Wise Associates marketing the property and managing the sale.

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North Carolina recreational, timber land to sell at auction on Oct. 28

September 29, 2014

LITTLETON, N.C. – Approximately 1,367 acres of managed timber, recreational and pasture land in Halifax County, N.C., will sell at auction Tuesday, Oct. 28. Murray Wise Associates, in cooperation with Woltz & Associates, is marketing the property and will manage the sale.

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Auction of farm in McLean County, Illinois, draws 40 registered bidders

September 17, 2014

BLOOMINGTON, Ill., Sept. 15, 2014 -- /PRNewswire/ -- The auction of approximately 294 acres of McLean County farmland on Friday, Sept. 12, attracted 40 registered bidders, resulting in a sale for more than $3.2 million.

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Major auction of recreational land near Zanesville, Ohio, set for Oct. 11

September 12, 2014

ZANESVILLE, Ohio – (Sept. 12, 2014) – Approximately 1,966 acres of Ohio recreational land – including more than 800 acres that have been managed for the past four years by the Buckmasters American Deer Foundation – will be offered at auction Saturday, Oct. 11. Schrader Real Estate and Auction Company, in cooperation with Murray Wise Associates, will manage the auction.

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Southern Illinois farmland auction draws big crowd, competitive bidding

August 26, 2014

BENTON, Ill. (Aug. 26, 2014) – Monday's auction of approximately 765 acres of farmland in southern Illinois attracted a strong field of 45 bidders that included farmers as well as local and institutional investors, resulting in an accepted high bid of $4,195,000.

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