In the News

Current happenings in the ag world.

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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Single buyer purchases Howie land up for auction

May 19, 2011

A single buyer stepped forward Tuesday to purchase all of the nearly 2,500 acres of Pennington County ranch land auctioned by former state Sen. Gordon Howie.

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South Dakota Ranch to Be Auctioned

April 7, 2011

RAPID CITY, SD--(Marketwire - April 7, 2011) - A 2,485-acre ranch in South Dakota's Pennington County will be offered at auction Tuesday, May 17, with Murray Wise Associates marketing the ranch and managing the sale.

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Pasquotank County, N.C., farmland sells for $17 million in Murray Wise auction

March 23, 2011

ELIZABETH CITY, N.C. (March 23, 2011) -- Approximately 3,900 acres of land in Pasquotank County, N.C. sold for $17 million Tuesday in a Murray Wise Associates auction that drew a packed house of bidders for what turned out to be a vigorous bidding competition.

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Pasquotank County, N.C., farmland to sell in March 22 auction

March 17, 2011

ELIZABETH CITY, N.C. (Feb. 17, 2011)  -- More than 3,900 acres of land in Pasquotank County, N.C. -- most of it highly productive farmland -- will sell at auction Tuesday, March 22, with Murray Wise Associates marketing the property and managing the sale.

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Ag expert: Investor demand exceeds current supply of quality farmland

December 9, 2010

DES MOINES, IOWA (Dec. 9, 2010) -- With prices on quality farmland exceeding $7,000 per acre in some cases, farm families in Iowa and other midwestern plains states rich in agricultural land have options that never existed before, according to agriculture expert John Kirkpatrick.

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