$8,500 per acre in Western Illinois

June 10, 2016 10:57 AM

A May 31 auction in Hancock Co., Ill., saw 20 acres of level, productive farmland sell for $8,500 an acre. The field was 100% tillable and carried a corn PI of 154.1. A second tract consisting of 4 acres with a corn PI of 138 sold for $5,000 an acre. A final tract of 5 acres consisting of woods brought $2,100 an acre.

Handling the auction was Sullivan & Son Auction LLC, Carthage, Ill., 217-743-5200.