In the News

Current happenings in the ag world.

Central Iowa Farmland Sells at Strong Prices

February 23, 2012

FORT DODGE, IA--(Marketwire -02/23/12)- Approximately 430 acres of farmland in Iowa's Boone and Webster counties sold Wednesday at prices nearing $10,000 per acre as more than 100 people turned out for the Murray Wise Associates auction of property owned by the Strand Trust.

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Crane Creek Golf Course to remain just that after Tuesday's auction

February 21, 2012

KILBOURNE, Ill. (Feb. 21, 2012) -- Mason County's Crane Creek Golf Course will continue to operate as a golf course, to the relief of many of the spectators attracted by Tuesday's auction of the course and approximately 101 additional acres.

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Time to buy farmland? Time to sell?

February 15, 2012

We've been getting a lot of questions lately from people who read about recent increases in farmland prices and aren't sure what the current market means for them. Murray Wise Associates' auctions have been setting local community records for comparable land, and in my 35 years in this industry, I've never seen more liquidity and capital seeking to buy farmland.

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Vermilion County farm sells for $3.5 Million

February 15, 2012

Champaign, IL, Feb 7, 2012 -- A 381-acre farm in Vermilion County, IL sold for a total of $3,503,200. The farm was offered for sale in 5 tracts and was managed by Murray Wise Associates.

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Iowa farmland to sell in Feb. 22 auction

January 25, 2012

FORT DODGE, Iowa (Jan. 25, 2012) -- Approximately 430 acres of productive Iowa farmland will sell at auction Wednesday, Feb. 22, with Murray Wise Associates marketing the property and managing the sale.

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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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