$11,804 per acre in East-Central Illinois

August 23, 2016 09:15 AM

An Aug. 18 auction saw 164 acres of Coles County, Ill., cropland sell for $11,804 an acre. The farm was located about five miles north of Mattoon. The farm offered 156 tillable acres with soil PIs of 140.7 on 88 acres and 143 on 76 acres. Three grain bins totaling 15,000 bushels.

The property was offered as two tracts but was purchased as a single unit.

Handling the auction were Mac Boyd, ALC, and Winnie Stortzum, ALC, Farmers National Company, Arcola, Ill., 217-268-4434.