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    "headline": "Farm Credit Illinois benchmark study finds Illinois farmland values stable",
    "dek": "Farm Credit Illinois's chief appraiser says annual benchmark study shows stable central and southern Illinois farmland values.",
    "prose": "On 2026-09-02, Kent Reid, chief appraiser with Farm Credit Illinois, said that farmland values throughout central and southern Illinois held steady compared with the previous year. [^1]\n\nFarm Credit Illinois' 2026 appraisal study of 22 benchmark farms in central and southern Illinois found that farmland values were unchanged overall from July 2025 to July 2026. [^2]\n\nKent Reid said on 2026-09-02 that farmland values remain below the highs set in 2024. [^3]\n\nKent Reid also said that although commodity prices have improved modestly, profit margins remain constrained, which may place downward pressure on land values in the coming year. [^4]\n\nKent Reid, Farm Credit Illinois chief appraiser, said that while farmland transaction volume decreased in the past year, demand and prices paid for Illinois farmland remain stable. [^5]\n\nThe same Farm Credit Illinois study reported that from July 2025 to July 2026, seven of the 22 benchmark farms decreased in value, seven increased, and eight showed no change. [^6]",
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      "statement": "On 2026-09-02, Kent Reid, chief appraiser with Farm Credit Illinois, said that farmland values throughout central and southern Illinois held steady compared with the previous year.",
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      "statement": "Farm Credit Illinois' 2026 appraisal study of 22 benchmark farms in central and southern Illinois found that farmland values were unchanged overall from July 2025 to July 2026.",
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      "statement": "Kent Reid said on 2026-09-02 that farmland values remain below the highs set in 2024.",
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      "statement": "Kent Reid also said that although commodity prices have improved modestly, profit margins remain constrained, which may place downward pressure on land values in the coming year.",
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      "statement": "Kent Reid, Farm Credit Illinois chief appraiser, said that while farmland transaction volume decreased in the past year, demand and prices paid for Illinois farmland remain stable.",
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