In the News

Current happenings in the ag world.

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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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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