Farmland, News Desk
- January 26, 2009
Illinois Land Auction Gins $24 Million
A crowd of 800, including 250 bidders, gathered at the Crowne Plaza in Springfield on January 21 and spent more than six hours and $24 million to acquire 4,000 acres of prime Illinois farmland.
The sale, which was conducted by Aumann Auctions, featured property in parts of four townships in Macoupin and Montgomery counties. According to local news reports, it was considered one of the largest in Central Illinois in the last few years and averaged $6,255 per acre.
Warning: Undefined array key 0 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34
Warning: Undefined array key 1 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34
RELATED ARTICLES
Sold! CatchMark Closes on Carolinas Midlands
In June, publicly traded CatchMark Timber Trust (CTT) announced the acquisition of 51,700 acres of …
Land’s Best Friend: Perfect Pair
Text and photography by LYNN DONALDSON Russell Gordy is my neighbor. Let me rephrase that. …
Corn Belt Sees First Decline Since 1986
Despite record numbers for both corn and soybean production, the Seventh Federal Reserve District, which …
Elk Creek Ranch Acquires Seven Lakes
For those who are passionate about outdoor pursuits, the next great adventure can’t come soon enough.
