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Land Resources / News / Illinois
Value of Illinois farmland up 11 percent
Source: Chicago Tribune, by RYAN DENHAM
The auctioneer stood in front of 30 bidders and a few dozen spectators who crowded into a community building one rainy night this week, his rat-a-tat-tat bid-calling going higher and higher. March 10, 2011 On the block were two tracts of land near Stanford, including one 36-acre chunk considered prime farmland. Bloomington farmer Herb Kaufman had his eye on it, but other bidders pushed the price out of his comfort zone.
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