Moore & Warner Farm Real Estate LLC, in partnership with Halderman Real Estate Services, recently closed the sale of 5,618 acres of west-central Illinois farmland for $47,729,392.

Farmland values throughout central and southern Illinois decreased 4.41% on average from last year, according to the 2025 study of 22 benchmark farms by the Farm Credit Illinois appraisal team. This is the first decrease in average farmland values since 2018.

Craig Stevenson, with Geswein Farm & Land Realty from Monon in northwest Indiana, has been recognized as an APEX 2024 Top Twenty National Producer by the REALTORS Land Institute as a part of the RLI APEX Production Awards Program, sponsored by The Land Report.

In the first quarter of 2025, the 7th Federal Reserve District’s agricultural land values saw a 1% increase from a year ago, and “good” farmland values rose 4% from the fourth quarter of 2024 on average across five states.

Craig Stevenson, an Air Force veteran from Monon in northern Indiana, learned many skills during his time in the military that have aided him in his most recent job.

The U.S. Department of Agriculture announced an additional $250 million in automatic payments for distressed direct and guaranteed farm loan borrowers under Section 22006 of the Inflation Reduction Act.

A shortage of food and energy should be coming sooner than later. I fully expect the final quarter of this year and into late 2025 to be a period marked by rising prices for those two basic markets.

Two major farmland auctions recently attracted capacity crowds, with bidders coming from as far away as Florida and Tennessee. Schrader Real Estate and Auction Company marketed both farms and conducted the live auctions.

At Hageman Realty, faith, family and farmland are the heart of the business. Sara Hageman Schenck is the owner of the company. Her family worked to acquire and improve farmland by creating drainage systems, improving soil fertility and implementing new agronomic practices.