Land here is selling in the $1500-2000 per acre price range.An average yield per acre here is 110-120 corn,45 wheat,30-35 early beans,and 20-25 late beans.
Cash rent runs from $60-80 per acre and is slowly going up..Some ground is still share rented on 1/3rds-2/3rds shares with the landlord paying 1/3rd of the fertilizer and chemical.
Prime 180-200 bu corn ground in Illinois is going for $300 an acre plus as 6-7 large operators in that state are bidding that and more.
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Today's Featured Article - A City Guy's First Tractor - by Fred Hambrecht. After living in apartments in Atlanta for more years than I care to remember, the wife and I decided to move to the country. Humming "Green Acres is the place for me..." we purchased a 29 acre tract about 60 miles south of Atlanta. Next came the house, I could talk about that ordeal for another two weeks... But, I want to talk about my tractor! We didn't even own a lawnmower, and all of a sudden we had enough grass to feed all the starving children of the bovine world. Naturally, I talked
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