In the News

Current happenings in the ag world.

Crane Creek Golf Course to sell at auction

January 17, 2012

KILBOURNE, Ill. (Jan. 17, 2012) -- Will Crane Creek Golf Course continue to exist? Or will it once again become farmland?

The answer may depend on who purchases the 347-acre Mason County property on Tuesday, Feb. 21, when Murray Wise Associates sell it at auction.

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Reality check: Iowa farmland may not be as steep as you think

December 21, 2011

CLARION, IA. (Dec. 21, 2011) -- With media nationwide reporting Iowa farmland sales of $18,000 and even $20,000 per acre, land broker John Kirkpatrick believes people are getting the idea that it's too late to get a good deal on a farm. But actually, good farmland is still available for less than half that.

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Murray Wise offers advice to farmers, farmland investors

December 12, 2011

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Logan County farmland brings $2,675,000

December 2, 2011

LINCOLN, IL, Dec 01, 2011 -- A 302-acre farm in Logan County, Ill., sold to five different bidders for a total of $2,675,000 Wednesday -- an average price of $8,857 per acre. Murray Wise Associates managed the sale, which attracted 30 registered bidders to the American Legion post in Lincoln.

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Farmland strength continues as local farmer pays $4.9 million for 565 acres in Illinois

September 2, 2011

CHAMPAIGN, Ill. (Sept. 2, 2011) -- Farmland prices in the Midwest continued their upward march Wednesday as a local farmer paid $4.9 million for 565 acres of land adjacent to Minonk, Ill., just north of Bloomington.

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Illinois farmland sells for $11,593 per tillable acre in Murray Wise auction

August 23, 2011

CHAMPAIGN, Ill. (Aug. 23, 2011) -- The upward march of farmland prices continued Tuesday, Aug. 22, as a regional investor paid $10,944 per acre for 143 acres of farmland ($11,593 per tillable acre) in Illinois' Champaign and Ford counties. Champaign-based Murray Wise Associates marketed the property and managed the sale.

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Tillable farmland set for auction in Illinois' McDonough and Henry counties

August 22, 2011

CHAMPAIGN, Ill. (Aug. 22, 2011) -- Approximately 2,421 acres of land in McDonough and Henry counties will sell in two separate auctions Wednesday, Sept. 21, with Murray Wise Associates managing both sales.

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Farmland Investment Boom Increases Liquidity for Investors

August 1, 2011

CHAMPAIGN, IL--(Marketwire - Aug 1, 2011) - An overlooked result of today's vibrant farmland market is that agricultural land now has more liquidity than ever, according to land expert Murray Wise. And that, he said, is enticing more owners to sell land they currently own and -- in some cases -- buy other farms to fine-tune their land portfolios for the long run.

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Bidding on Mason County farmland reaches record prices

June 27, 2011

CHAMPAIGN, Ill. (June 27, 2011) -- The bull market in Midwestern farmland showed no signs of abating Friday as bidders paid well over $11,000 per acre for tillable land in Mason County.

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Mason County farmland to sell in June 24 auction

May 31, 2011

CHAMPAIGN, Ill. (May 31, 2011) -- Approximately 444 acres of productive farmland in Mason County, Ill., will be offered at auction Friday, June 24, in an auction managed by Murray Wise Associates. The property, most of which is tillable, will be offered in seven tracts, ranging from 15 acres to 155 acres.

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