News & Updates
Westchester Group: Global Outlook for Agriculture Optimistic
February 21, 2008 - "This is not just an ethanol bubble, there are several fundamentals that are showing the next 10 years for agriculture will be extremely favorable," said Murray Wise, founder and CEO of the Westchester Group, Inc., at a recent presentation on global agriculture in Eaton, Colorado. [article]
After this presentation, Murray Wise was interviewed by Brian Allmer of Brian Allmer Radio Network (BARN). Click here for audio clips taken from that interview.
Diverse 'Tidal Wave' of Investors Turn to Farmland
By Lynn Hicks and Jerry Perkins
February 16, 2008 - Although the U.S. Economy appears to be cooling, the farmland market is cooking. [more]
Westchester Group CEO Reveals Exciting Times Ahead for Agriculture
February 19, 2008 - "The real driver in the global agriculture market is the dramatic increase in caloric intake in the world's most populated county: China," said Murray Wise, found and CEO of the Westchester Group, Inc., at a presentation on global agriculture this morning at the Illinois Feed & Grain Association Meeting. [more]
Farmland More Valuable Than Ever
By Lynn Hicks and Jerry Perkins
February 5, 2008 - As home prices continue to slide nationwide, the value of farmland is setting records. [more]
Iowa Farmland Prices Rise Nearly 23% in 2007
By Jerry Perkins
January 22nd, 2008 - Jim Anderson set a Decatur County record after paying $4,000 an acre for a 75-acre farm. "It's pretty good ground," Anderson said Friday after he outbid about 20 other people, including bidders from California, Illinois and northern Iowa, at the Lamoni Community Center. [more]
Southwest Property Values Move Higher
By Tait Berlier
January 7th, 2008 - With nearly all types of commodity prices climbing and reaching record figures in 2007, the market prices of ranch and farm ground continued their climb to stratospheric levels as well, where they reached unheard-of-prices in most areas of the west. Some portions of the U.S. have seen declining real estate trends as a result of changing local economic conditions, but the southwestern U.S. is not one of those areas. [more]
Westchester Wins Award
January 2008 - Westchester Auctions was awarded the 2007 Award of Excellence in Auction Marketing for Four Color Brochure Real Estate Farm Marketing at it's annual meeting at the Sheraton Four Points in Denver, CO on January 4-6.
The Farm Sale Circus
By Don Zolman
November/December 2007 (Farm Futures) - Last week I went to a sale fo local farm ground. If you have never been to a Schrader Auction Co. sale, you need to visit one... [more]
Land: More Than a Legacy
By Linda H. Smith
October 2007 (Top Producer) - Farmland generally has been a great asset, exceeding
inflation by an average of 50%. And investors believe this is one of the most exciting times ever to be a land. Murray Wise cites Six Reasons to be Bullish on Land. [more]
"The Final Season"
August 31, 2007 - Tony Wilson is a successful photographer who has produced videos of properties and auctions for Westchester for many years. Tony has taken his talents to a new level by producing his first major motion picture. The movie, "The Final Season," will be released on 1,000 screens nationwide on October 12, 2007. Be sure to visit his website, www.finalseason.com.
Ag real estate firm cultivating opportunities
By Don Dodson
July 1, 2007 (News Gazette) - You'd hardly expect one of the largest almond growers to be located in the Midwest. Already big in corn, almonds and grapes, Westchester looks to expand abroad. [more]
Buyers Pay $8.045 Million for 899 Acres in DeKalb County, Illinois
June 7, 2007 - An auction today of 899 acres of productive farmland from the University of Illinois' Wright Endowment attracted 62 bidders, eight of whom accumulatively spent $8,045,000.00 for the 12 parcels.
Westchester Auctions, a real estate marketing company based in Champaign, conducted the auction of Wright Farm in conjunction with the University of Illinois. The auction drew more than 300 to the South Pointe Center in DeKalb. [more]
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