That was Martin Barbry from the National Corn Growers Association. This year’s show, held in Boone, Iowa was one of the largest to date. All farm progress updates were brought to you by ADM
Despite the severe drought, the value of farmland across Illinois continues to rise according to the Mid-Year Land Values survey conducted by the Illinois Society of Professional Farm Managers. Don McCabe, AFM, chairman of the Society's Illinois Land Values project says, overall land value has increased by 5% during the first half of 2012, although the rate has slowed significantly from this time last year. In July farmland prices averaged $11,200 for excellent quality, $9,200 for good quality and $5,900 for fair quality. The 2011 Mid-Year survey was the first time land surpassed $10,000.
