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Recent Midwest Farmland Sales Across Iowa, Minnesota, Kansas and Missouri

accountJennifer Moran | calendar-monthSeptember 29, 2026

Land Sales Bulletin continues its Midwest reporting with a look at recent farmland transactions featured in DTN Progressive Farmer’s Landwatch Weekly. Activity across Iowa, Minnesota and neighboring Kansas and Missouri reflects strong buyer interest in diversified cropland, mixed use parcels and properties with long term productivity potential.

Key Sale Highlights:

  • Iowa: O’Brien County saw a 564-acre farm sell for $10.5 million, averaging $18,538 per acre, including multiple cropland tracts with strong PLC yields and high soil productivity ratings.
  • Kansas: Bourbon County recorded a 283-acre sale averaging $4,000 per acre across cropland, hay land and non-crop acres, supporting livestock and crop production uses.
  • Minnesota: Otter Tail and Grant counties saw an 831-acre farm sell for $7.6 million, averaging $8,964 per acre across seven cropland tracts with soil productivity indexes ranging from 43.2 to 88.3.
  • Missouri: Boone County reported a 274-acre mixed use farm selling for $3 million, averaging $11,375 per acre with highway access and parcels suited for hunting and mixed-use operations.

Source: DTN Progressive Farmer Full article: https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2026/09/24/recent-farmland-sales-iowa-kansas

DTN Progressive Farmer Landwatch Weekly - September 24, 2026

Recent Midwest Farmland Sales Across Illinois, Iowa, Minnesota and Kansas

accountJennifer Moran | calendar-monthSeptember 26, 2026

Land Sales Bulletin continues its Midwest reporting with a look at recent farmland transactions featured in DTN Progressive Farmer’s Landwatch Weekly. Activity across Illinois, Iowa and Minnesota, along with neighboring Kansas, reflects steady buyer interest in cropland, CRP parcels and mixed use tracts across the region.

Key Sale Highlights:

  • Illinois, Marion County: A 154 acre farm sold at auction across seven tracts for $1.3 million, averaging $6,217 per acre, including multiple cropland parcels with soil productivity indexes of 106.5 and 108.9 and several recreation components.
  • Iowa, Wright County: A 160 acre farm sold for $1.5 million, averaging $9,200 per acre, with 97 percent tillable ground, strong corn and soybean PLC yields and non highly erodible land classification.
  • Kansas, Marion County: A 319 acre farm sold for $1.4 million across five tracts, including cropland and CRP parcels with annual payments through 2033, plus wheat and soybean base acres.
  • Minnesota, Pope County: A 155 acre farm sold for $862,598, averaging $5,525 per acre, including cropland with soil productivity indexes of 53.9 and CRP acres within a recreational parcel.

Source: DTN Progressive Farmer Full article: https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2026/09/17/recent-farmland-sales-illinois-iowa

Progressive Farmer's Landwatch Weekly Report - September 17, 2026

Iowa Farmland Sales Strengthen Amid Global Market Volatility

accountJennifer Moran | calendar-monthSeptember 25, 2026

Farmland activity across the Midwest continues to build momentum, with Iowa seeing a noticeable uptick in sales as global market forces push corn and soybean prices to three‑year highs. For Land Sales Bulletin’s Midwest reporting region, including Illinois, these conditions are contributing to stronger buyer interest and more tracts coming to market.

Key Summary Points:

  • Higher corn and soybean prices have put farm profitability back into play.
  • Weather, drought, and geopolitical pressures continue to influence commodity markets and buyer sentiment.
  • Iowa sales remain active across Emmet, Hancock, Black Hawk, Crawford, Webster, Cedar, Montgomery, Decatur, and Jefferson counties.
  • More supply is entering the market as sellers respond to stronger pricing conditions and renewed buyer activity.

Author: Doug Hensley, President of Hertz Real Estate Services

Farm Progress Full Article: https://www.farmprogress.com/markets-and-quotes/5-reasons-why-farmland-sales-are-on-an-uptick

Illinois Cash Rent Trends Show Second Straight Decline in 2026

accountJennifer Moran | calendar-monthSeptember 24, 2026

Land Sales Bulletin’s Midwest reporting state of Illinois continues to see softening cash rental rates, with USDA data showing a second consecutive year of declines. A new University of Illinois analysis highlights how rental pressures vary sharply across the state’s northern, central, and southern regions, reflecting differences in soil productivity, crop yields, and weather stress.

Key Illinois Summary Points:

  • Average Illinois cash rent now $261 per acre in 2026, down from $264 in 2025 and $269 in 2024
  • Central and northern counties continue to post above‑average rents due to deep, highly productive glacial soils
  • Southern Illinois counties report below‑average rents tied to lower yields and more weather stress
  • Macon County leads the state at $347 per acre, while Union County sits lowest at $86 per acre
  • More counties recorded rent declines in 2026 than increases, signaling continued margin pressure for landowners and operators .

The report also notes that professionally managed farms often show higher reported rents due to commissions and fees, meaning net returns to landowners can be lower than headline figures suggest.

Author: Brooke Bouma Kohlsdorf
American Farmland Owner Full Report: https://www.americanfarmlandowner.com/post/illinois-farmland-cash-rents-fall-for-second-straight-year-university-of-illinois-report-shows

Indiana Farmland Values – American Farmland Owner

accountJennifer Moran | calendar-monthSeptember 18, 2026

Our Midwest reporting state of Indiana’s farmland market continues to show a mixed pattern heading into late 2026, according to American Farmland Owner.

Dr. Todd Kueth of Purdue University notes that while there is no crash underway, slight depreciation could emerge as the year closes.

Key forces shaping Indiana’s market include:

  • Expectations for lower crop returns and higher interest rates, both applying downward pressure on values
  • Limited land availability, which continues to support prices despite broader economic headwinds

Market movement across Indiana mirrors trends seen in other Midwest states:

  • Top‑quality farmland: $14,909/acre, up 0.6% year over year
  • Average‑quality farmland: down 1.1% to $12,121/acre
  • Poor‑quality farmland: down 3.1% to $9,460/acre

Kueth notes this pattern resembles the 2014–2019 stabilization period following rapid growth, with statewide values still well above historical averages after a decade of appreciation.

The Purdue report also highlights:

  • A price‑to‑rent ratio substantially above historical levels, suggesting farmland prices may be high relative to income generated by the land
  • Historically, high price‑to‑rent ratios have aligned with lower subsequent returns for investors
  • While low land availability and farmland’s role as an inflation hedge continue to support values, lower net farm returns and higher interest rates may add pressure ahead

Indiana remains a core Midwest reporting state for Land Sales Bulletin, and these trends will be closely watched as 2026 progresses.

Full article by Dave Price via American Farmland Owner: https://www.americanfarmlandowner.com/post/indiana-land-values-could-fall-slightly-in-late-2026

Iowa Farmland Demand Remains Resilient as Dallas County Sale Tops $15,000 an Acre

accountJennifer Moran | calendar-monthSeptember 17, 2026

Premium agricultural ground in central Iowa continues to command aggressive bidding when high-quality tracts hit the open market. As part of Land Sales Bulletin’s Midwest reporting state of Iowa coverage, we track these major local transactions to keep you informed on the latest regional market trends and to serve as your go-to resource for area land value data. A recent auction in Dallas County highlighted this ongoing competitive drive, proving that buyers are still willing to pay top dollar for well-positioned farms with excellent production histories.

The auction featured a 481.3-acre farm property located northeast of Dallas Center. Marketed by Farmers National Co. on behalf of Brenton Brothers, Inc., the land was divided into six tracts and sold using a high bidder’s choice format.

Key details from the benchmark auction include:

  • Total Sales Volume. The six tracts combined for a total sales price of $5,849,610, averaging nearly $12,154 per acre across the entire property.
  • Top Tract Pricing. Tract 6 brought the highest individual valuation of the day, selling for $15,200 per acre for the 47.6-acre parcel.
  • Strong Soil Profile. The offered tracts carried average CSR2 soil ratings above 80, with several parcels featuring nearly 100% cropland and peak CSR2 ratings around 86.5.
  • Diverse Local Buyers. The land will remain in agricultural production, with purchases split among established neighborhood farm operators, adjoining landowners, and Stine Seed Co.

While overall Iowa farmland values have moderated from recent historical peaks, this transaction underscores the steady demand for premium acres. Land boasting high percentages of tillable acreage, efficient field layouts, and strong local access continues to outpace broader market softening.

Author: Brooke Bouma Kohlsdorf, for Successful Farming: Iowa Farm Sale Tops $15,000 an Acre as Buyers Compete

Iowa Farm Sale Tops $15,000 an Acre as Buyers Compete - Successful Farming

Federal Reserve’s 7th District Shows Flattening Farmland Values as Credit Pressures Rise

accountJennifer Moran | calendar-monthSeptember 14, 2026

Farmland values across the Federal Reserve’s 7th District held steady in the second quarter of 2024, marking the slowest growth since late 2024, according to Farm Progress reporting based on a survey of 79 agricultural lenders . The district covers several of Land Sales Bulletin’s Midwest reporting states, including Iowa, northern Illinois, Indiana, southern Wisconsin, and Michigan’s lower peninsula .

Highlights

  • Iowa led the region with a 4% annual gain in farmland values .
  • Illinois posted a modest 1% increase, while Indiana values declined 3% and Wisconsin fell 2% .
  • When adjusted for inflation, district farmland values declined 3.71% year over year, the largest real drop since Q3 2016 .
  • Non‑ag buyers, including solar and data center developers, continue influencing land markets across the Midwest states .
  • Credit concerns are mounting, with major or severe repayment problems rising to 3.7% of district farm loans, the highest level since 2020 .
  • Not a single lender reported improved repayment rates compared to last year, and 27% indicated repayment rates are declining .

Farmland values may be flattening, but credit pressures are building across the Midwest. For LSB’s reporting states, the combination of stable nominal values and rising financial stress underscores the importance of monitoring both land markets and lending conditions heading into 2027.

Listen or Read more from Farm Progress: https://www.farmprogress.com/farm-business/farmland-values-flatten-as-credit-concerns-mount

Federal Reserve’s 7th District Map

U.S. Farmers Highlight Long-Term Value and Family Ties in Farmland Ownership

accountJennifer Moran | calendar-monthSeptember 11, 2026

New analysis from farmdocDaily examines why U.S. farmers own farmland and how they view future land values, drawing on results from the August 2026 Purdue University-CME Group Ag Economy Barometer survey. Responses from approximately 400 producers underscore the unique role farmland plays across the Midwest and beyond.

Report Highlights:

  • Family or sentimental reasons were the top motivation for owning farmland, cited by 45 percent of respondents
  • Long-term investment ranked second at 32 percent, followed by current income at 22 percent
  • Two-thirds of producers indicated farmland is a good investment
  • Producers were more optimistic about farmland values five years out than over the next 12 months
  • Alternative investments and interest rates were identified as the most influential factors affecting farmland values

The full farmdocDaily report is available for download.
Authors: Michael Langemeier and Joana Colussi
Report Link: why-u-s-farmers-own-farmland-and-what-they-expect-for-land-values.html

Why U.S Farmers Own Farmland and What They Expect for Land Values

More Than 1,600 Nebraska Farmland Acres Head to Auction This September

accountJennifer Moran | calendar-monthSeptember 10, 2026

More than 1,623 acres of Nebraska farmland are scheduled for auction in September 2026, according to reporting from Successful Farming. Listings span 10 counties and range from 53 to 320 acres, highlighting a diverse mix of cropland, irrigated acres, pasture, and recreational land across Land Sales Bulletin’s Midwest reporting state of Nebraska.

Summary Points

  • Cass County: 291.17 acres in four parcels featuring cropland, pasture, recreational land, and an acreage site with an 1886 home.
  • Parcel 3 carries an NCCPI of 85.40, signaling strong soil productivity.
  • Kearney County: 80.18 acres with Holdrege silt loam soils and a mix of cropland and pasture.
  • Keith County: 174.82 acres including 131.83 certified irrigated acres, a 2015 Zimmatic pivot, and a 100‑horsepower well motor.
  • Additional auctions span the Panhandle, central, northeastern, and southeastern Nebraska with tracts from 53 to more than 200 acres.
  • Market conditions show stable values but more selective buyers as margins tighten and borrowing costs rise.

Nebraska’s September auction lineup underscores a diverse and resilient land market, with high‑quality irrigated acres, productive soils, and mixed‑use parcels drawing interest across LSB’s Midwest reporting footprint.
Reporting by Amanda Miller, Successful Farming: https://www.agriculture.com/more-than-1-600-acres-of-nebraska-farmland-head-to-the-auction-block-in-september-2026-12070620

More Than 1,600 Nebraska Farmland Acres Head to Auction This September

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