$14,300 per acre in Central Illinois

February 23, 2017 11:21 AM

A Feb. 22 auction saw 81 acres in Tazewell Co., Ill., sell for $14,300 an acre. The tract was part of a 162-acre offering located one mile northeast of Delavan, Ill., and another 160-acre offering located five miles south of Delavan and across the county line in Logan County.

Tract 1: 81 acres; 100% tillable, soil PI 142 with 147 being maximum per Bulletin 811. It sold for $14,300 an acre.

Tract 2: 81 adjacent acres; 100% tillable; soil PI 142. It brought $13,100 an acre.

Tracts 3 & 4: 160 acres; 153 tillable acres; soil PI 138.6. It sold for $11,100 an acre.

Handling the auction were Steve Burrow, Peoria, 309-687-6008 and David Klein, Bloomington, Ill., 800-532-5263 with Soy Capital Ag Services.