Landmark Illinois Sale

Investors Feast on Farmland

Farmland Partners' $197 million acquisition of 22,300 acres from an Illinois race car magnate shattered records this week. The 120 farms are scattered over seven counties. (DTN illustration by Nick Scalise)
Farmland Partners' $197 million acquisition of 22,300 acres from an Illinois race car magnate shattered records this week. The 120 farms are scattered over seven counties. (DTN illustration by Nick Scalise)
Agriculture's first cropland REIT acquired 120 Illinois farms in a single record-breaking purchase. It may be a sign that investor interest will prop up farmland values.

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