Farmland Values

TOP 10 THINGS YOU NEED TO KNOW ABOUT FARMLAND THIS IS NOT ANOTHER 1980’S FARM CRISIS. Bruce Sherrick, professor of farmland economics at the University of Illinois, gives these 10 highlights every farmer should know about land in 2017. 1. Land prices are down, but they're not crashing. Land prices in Illinois over the past year were somewhat down, but not as much as many people expected, says Sherrick. “It appears that the slight firming of commodity prices – or at least the failure to continue downward – has added a bit of strength. It is hard to find a scenario for an acceleration in decline. It’s easier to look for things that are beginning to put floors underneath the market.”

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Land and Farm News

Of the 911 million acres of land in farms in the continental U.S., 31%, 283 million acres, is owned by non-operating landlords, or landlord entities that are not currently farmer operators.

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MLS, Realtors and WCAR

The term Realtor® identifies a real estate professional who is a member of the National Association of REALTORS®...

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Time to Buy or Sell? Call now 320-815-0460

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About Us

Welcome! Thank you for visiting the website of “Hughes Real Estate and Auction Service”. We are West Central Minnesota’s Full-Service Real Estate and Auction Company with over 45 years of combined experience. We specialize in Agricultural Cropland, Rural Residential, Residential, and Hunting/Recreational Properties. Whether you are thinking about a Conventional Listing, Live Auction, or a Sealed Bid method of selling your property, Appraisal, or Land Management - we can do it all. Our agents include; Jesse Hughes - Broker/Auctioneer from Danvers, MN, Dave Weller - Associate Broker from Brooten, MN and Dale Zaczkowski – Sales Agent out of Sauk Centre, MN, Duaine Flanders -Sales Agent from the Benson, MN area and our newest Sales Agent working in the Hancock/Morris areas – Sonia Kannegiesser. Call us today for a NO-HASSLE consultation at: 320-815-0460 or email us: Thank you and have a great day!
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