April 2026’s Illinois farmland-auction roundup covered more than 350 scheduled acres, mostly offered as single tracts across four counties. Those auction dates have passed, so the listings are useful now as a snapshot of how varied farmland sales can be—not as current buying opportunities. A separate report counted seven Illinois public-auction tracts totaling 347.19 acres sold that month, averaging $10,991 per acre; that figure describes its reported auction sample, not the value of Illinois farmland as a whole.
What the April 2026 roundup covered
Successful Farming’s roundup, published April 4, 2026, listed auctions scheduled across Adams, Effingham, Livingston, and St. Clair counties. Most were single-tract offerings ranging from 36 to 158 acres. The sales differed in format, tillable share, buildings, recreational features, and lease or land-use terms, so acreage alone does not make them comparable. Successful Farming’s roundup is a historical schedule: its April auction dates have passed.
Adams County: home, pasture, and livestock facilities
A 36.28-acre property near Clayton was scheduled for a live virtual auction with online bidding on April 21. It included a 5,300-square-foot home, 30 acres of pasture, and a 2,400-head hog finishing building. Merit Auctions handled the sale for Edwin and Rosetta Beachy; an open house had been scheduled for April 9. Merit Auctions broker and auction coordinator Joey Croy described it as “a wonderful property for a young couple looking to start their family and farming career.”
Effingham County: tillable ground and wooded acreage
The 76.51-acre tract was offered in a no-reserve, online-only auction ending April 8. It had 50.03 FSA tillable acres and a reported PI of 103.5, near the county average of 104. The listing also noted 18 wooded acres described as suitable for hunting, rural water access, and potential building sites. Schmid Auction handled the sale, with farming rights scheduled to begin April 9.
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Livingston County: a mostly tillable 160-acre farm
A 160-acre farm near Odell was scheduled as one tract in a live and online auction in Dwight on April 7. It included 158.5 FSA tillable acres and had a reported PI of 116, below the county average of 125 according to Farmer Business Network’s AcreVision tool. Busey Farm Brokerage handled the sale. The farm was not signed up as a wind footprint; managing broker Steve Myers said the buyer could make that decision.
St. Clair County: timber and a conservation easement
An 80-acre property was scheduled for an online auction ending April 7. Approximately 56 acres were tillable, and the reported PI was 103.8. The balance was timber, with recreational opportunities including deer hunting. A conservation easement preserves long-term agricultural use, and the buyer was to assume the 2026 farming lease. Property Peddler Inc. handled the sale.
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What Is Soil Productivity Index?
Illinois soil Productivity Index (PI) is a way to compare a soil’s inherent potential for crop production using characteristics such as drainage, depth, texture, and water-holding capacity. It is not a precise yield prediction: actual output also depends on weather, management, inputs, and other field conditions.
Successful Farming describes the Illinois PI scale as about 47 to 147, with 147 representing the state’s most productive soils under ideal conditions. Its general bands characterize scores above 127 as excellent, 88–126 as mid-range, and lower values as indicating greater constraints. These are broad comparison ranges, not a substitute for field-level yield records or an appraisal. A tract’s PI is most informative in county context; for example, the Effingham listing’s 103.5 was near its reported county average, while Livingston’s 116 was below its county average.
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How to compare farmland auction listings
A single price-per-acre figure can obscure substantial differences between properties. Before comparing bids or considering a purchase, review the sale documents and assess:
- Auction format and access: Determine whether bidding is live, online-only, or hybrid, and confirm how registration and bidding work.
- Gross acres versus tillable acres: Calculate the share actually suited to cropping. Pasture, timber, waterways, and other non-tillable ground may have different uses and value.
- PI in local context: Compare the reported score with the county benchmark and examine field-level information rather than treating PI as a yield guarantee.
- Improvements and other uses: Account for buildings, pasture, timber, hunting opportunities, water access, and potential building sites, as well as any restrictions.
- Lease and possession terms: Check whether farming rights start before or after closing, whether a lease transfers to the buyer, and when possession is available.
- Location and demand: Local demand and location also affect land value; features that matter to one buyer may not matter equally to another.
The auction brochures and contracts are the authoritative place to confirm acreage, lease and easement obligations, taxes, deposits, closing, and possession terms. The roundup summarizes listings but does not replace those documents.
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What the April auction-results average does—and does not—show
Peoples Company’s May 13, 2026 report counted seven Illinois tracts and 347.19 acres sold at public auction in April, at an average of $10,991 per acre. The report covers agricultural real-estate auctions over 35 acres; it excludes smaller sales and private transactions from its stated scope. It marks Illinois per-tillable-acre and per-PI-point statistics as unavailable. See Peoples Company’s April 2026 results.
The 347.19 acres in that results tally and Successful Farming’s more than 350 scheduled acres are different measures with different scopes: one is an auction-results tally, the other a roundup of scheduled listings. The $10,991 figure is an average for Peoples Company’s reported sample, not a statewide appraisal, a guaranteed sale price, or a benchmark for any of the four featured properties.
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How the broader Illinois farmland market looked in 2026
A University of Illinois farmdoc daily analysis published April 7, 2026, described a stable but softening near-term market, with compressed crop margins and rising operating costs, alongside more positive longer-term expectations. Its figures are survey results and market context; they do not explain the winning bid for a particular April tract.
| Survey finding | Reported result |
|---|---|
| Expected Illinois farmland prices to decline in 2026 | 61% of respondents; half expected a 0–5% decrease and 11% a 5–10% decrease. None expected a decline greater than 10%. |
| Expected farmland prices to be higher five years later | 77% of respondents. |
| Expected average corn prices of $4.00–$4.50 per bushel | 72% of respondents. |
| Expected aggregate farming costs to keep rising | 69% of respondents. |
| Reported lower overall farmland-sale volume in the latter half of 2024 than the previous year | 60% of respondents. |
| Expected 2026 transaction volume to decline further / remain unchanged | 35% expected a further decline; 47% expected no change. |
| Transaction channel | Public auctions represented 53% of transactions at their 2023 peak; private-treaty sales regained primacy in 2025. |
| Buyer and financing profile | Local farmers accounted for 56% of Illinois farmland buyers. 62% of purchases used some debt financing, with loans averaging 54% of purchase price. |
These findings come from the University of Illinois analysis by Juo-Han Tsay and Gary Schnitkey, “2026 Illinois Farmland Price Expectations: Navigating a Stable Yet Softening Market”. They provide statewide survey context, not a price forecast for an individual parcel.
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