In the News

Current happenings in the ag world.

Tractors, pickups, farm equipment to sell in Florida and Virginia auctions

July 30, 2013

OCALA, Fla. (July 29, 2013) -- Scores of tractors, forklifts, trucks, sprayers, specialized tomato implements and other pieces of agricultural equipment will sell in two major auctions in Florida and Virginia.

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Court approves auctions of East Coast Brokers and Packers assets

July 15, 2013

MULBERRY, Fla. (July 25, 2013) - A U.S. Bankruptcy Court has approved the upcoming auctions of thousands of acres of farmland in Florida and Virginia, beginning Thursday, Aug. 15. Assets to be sold will include labor camps, packing facilities, homes, farm equipment, trucks and other assets owned by East Coast Brokers and Packers, and the Madonia family and certain of their affiliates. 

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Indiana, Illinois land sells for $6.57 million in auction

June 21, 2013

SULLIVAN, Ind. (June 21, 2013) -- The auction of 1,035 acres of Indiana and Illinois farmland drew a standing-room-only crowd of approximately 250 people Tuesday, resulting in active bidding and strong prices.

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Indiana, Illinois land to sell in June 18 auction

May 14, 2013

SULLIVAN, Ind. (May 14, 2013) -- Approximately 1,035 acres of land in western Indiana and eastern Illinois will be offered at auction Tuesday, June 18. The land -- more than 83 percent of which is tillable -- is being sold by Indiana Michigan Power Company and Indiana Franklin Realty, Inc.

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Deadline nearing for Murray Wise Foundation ag scholarships

March 18, 2013

CHAMPAIGN, Ill. (March 18, 2013) -- Time is growing short for agriculture students to apply for scholarships through the Murray Wise Associates Foundation. The deadline for applications is March 31.

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Champaign County Farmland Sells for $15,375 per Acre

March 7, 2013

URBANA, IL--(March 7, 2013) - A 173-acre farm in Champaign County sold for $15,375 per acre Wednesday in a transaction that is believed to have set a new local record.

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Major tomato growing/packing operation to explore strategic options

February 11, 2013

MULBERRY, Fla. (Feb. 11, 2013) – East Coast Brokers and Packers Inc. and the Madonia Family have retained Murray Wise Capital LLC as exclusive financial adviser to explore strategic options, including the possible sale of certain farmland and other assets and a recapitalization/restructuring of its existing operations.

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Deadline for Murray Wise Foundation ag scholarships set for March 31

January 8, 2013

CHAMPAIGN, Ill. (Jan. 8, 2013) -- Students preparing for careers in agriculture have until March 31 to apply for scholarships through the Murray Wise Associates Foundation.

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Madera County vineyard brings almost $25,000 per planted acre

December 18, 2012

CHAMPAIGN, Ill. -- A 144-acre Madera County vineyard has brought one of the highest prices per acre ever in California's Central Valley, selling for a total of $3,115,000 -- $24,920 per planted acre.

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Murray Wise to Federal Reserve Ag Conference: Farmland Values Remain Sound

November 29, 2012

CHAMPAIGN, Ill. (Nov. 28, 2012) -- Even with farmland selling at record highs throughout much of the nation, land remains a sound value and will likely continue to go up in price over the long term, farmland expert Murray Wise told a gathering of farmland owners, academics, policymakers and others Tuesday at a conference sponsored by the Federal Reserve Bank of Chicago.

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