Land here is selling in the $1500-2000 per acre price range.An average yield per acre here is 110-120 corn,45 wheat,30-35 early beans,and 20-25 late beans.
Cash rent runs from $60-80 per acre and is slowly going up..Some ground is still share rented on 1/3rds-2/3rds shares with the landlord paying 1/3rd of the fertilizer and chemical.
Prime 180-200 bu corn ground in Illinois is going for $300 an acre plus as 6-7 large operators in that state are bidding that and more.
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Today's Featured Article - Madison's County - by Anthony West. Philip Madison has been a good friend of mine for quite some time. He has patiently suffered my incessant chit chat on the subject of tractors for longer than I care to remember, and on many occasions he has put himself out, dropped what ever it was he was doing, to come and lend a hand cranking handles, or loading a find onto a trailer. Although he himself has never actually owned or restored a tractor, he was always enthusiastic and always around helping with other peoples projects.
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