Land value Trends
2018 Farmland Values and Lease Trends. The Realtors Land Institute along with the ISPFRA held their annual report meeting on March 22 in Bloomington, IL.
Excellent land (PI of 133-147) was down 3% on average
Good land (PI of 117-132) was down 5% on average
Average land (PI of 100-116) was down 4% on average
Fair land (PI of less than 100) was down 2% on average
Lease trends on average were steady.