Athans, sitting up front right next to the auctioneer, was aggressive from the start and ended up winning 2,403 acres for a purchase price of $18.5 million. In all, 12 people or farm businesses won parcels for a total price of $24.6 million.
It’s highly likely that today was the biggest farmland sale in local history, easily surpassing the $17 million paid by Union Pacific to four Ogle County farming families for 1,175 acres near Rochelle in 2001. The railroad needed that land to build the Global III intermodal facility.
Click on the following for more details: http://www.rrstar.com/news/x1425131871/Funderburg-familys-Boone-County-farmland-auction-nets-24-6-million