Farm Credit Illinois benchmark study finds Illinois farmland values stable

Farm Credit Illinois's chief appraiser says annual benchmark study shows stable central and southern Illinois farmland values.

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As of 2026-09-02 19:39 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.

On 2026-09-02, Kent Reid, chief appraiser with Farm Credit Illinois, said that farmland values throughout central and southern Illinois held steady compared with the previous year. ^[1] Farm Credit Illinois' 2026 appraisal study of 22 benchmark farms in central and southern Illinois found that farmland values were unchanged overall from July 2025 to July 2026. ^[2] Kent Reid said on 2026-09-02 that farmland values remain below the highs set in 2024. ^[3] Kent Reid also said that although commodity prices have improved modestly, profit margins remain constrained, which may place downward pressure on land values in the coming year. ^[4] Kent Reid, Farm Credit Illinois chief appraiser, said that while farmland transaction volume decreased in the past year, demand and prices paid for Illinois farmland remain stable. ^[5] The same Farm Credit Illinois study reported that from July 2025 to July 2026, seven of the 22 benchmark farms decreased in value, seven increased, and eight showed no change. ^[6]

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Farm Credit Illinois' 2026 appraisal study of 22 benchmark farms in central and southern Illinois found that farmland values were unchanged overall from July 2025 to July 2026. · Morning Ag Clips

Kent Reid said on 2026-09-02 that farmland values remain below the highs set in 2024. · Brownfield Ag News

Kent Reid also said that although commodity prices have improved modestly, profit margins remain constrained, which may place downward pressure on land values in the coming year. · Morning Ag Clips

Kent Reid, Farm Credit Illinois chief appraiser, said that while farmland transaction volume decreased in the past year, demand and prices paid for Illinois farmland remain stable. · Morning Ag Clips

The same Farm Credit Illinois study reported that from July 2025 to July 2026, seven of the 22 benchmark farms decreased in value, seven increased, and eight showed no change. · Morning Ag Clips

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