Soil Health-focused Land Valuation Market Research in Illinois
Promoting Soil Health and the adoption of Soil Health Management Systems (SHMS) to farmers is a key priority for the USDA-NRCS, conservation scientists and NGOs. However, prior research by Delta Institute suggests a lack of economic incentives prevent Illinois farmers from adopting SHMS at scale. Furthermore, Illinois’ land valuation system does not explicitly establish a link between Soil Health and land value. Delta offers this analysis of Illinois’ farmland real estate market from 2017—2023. This report synthesizes market signals of farmland real estate in Illinois to uncover driving factors that place value to land. These findings will inform the ultimate goal of institutionalizing Soil Health as a factor in the land appraisal process in Illinois.
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