Illinois
Characteristics of Illinois
Farmland Buyers and Sellers
2015
Retired
Farmers
14%
Types of Sellers of
Illinois Farmland
Individual
Investors
12%
Active
Estate Sales
54%
Farmers
10%
Others
3%
Institutions
7%
Good Price
17%
Reasons for Selling
Illinois Farmland
Need Cash
8%
Settle Estate
48%
Close Out Undivided Interest
9%
Re-orient Investment
13%
Institutions
12%
Local
Investors
15%
Non-local
Investors
5%
Relocating Farmers
3%
22
Other
5%
Forced
Liquidation
5%
Types of Illinois
Farmland Buyers
Local Farmers
60%
Source: Illinois Society of Professional Farm Managers and
Rural Appraisers “2016, Illinois Farmland and Valves and Lease Trends”
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