Clinton County, Indiana
2024 Land Sales Report
Clinton County experienced continued gains in per-acre values during 2024, though the market is beginning to show signs of leveling off in 2025.
If you’d like to get specific land values on your own farmland or a farm near you for 2025, please contact Johnny Klemme today at (765) 427-1619
Average Price of Land*
Avg. $14,093/acre
Jan. – Dec. of 2024*
As high as $17,847/acre
in 2024*
Land Market Commentary & Local Trends
Overall, the average price of farmland in our sampled data report from January – December of 2024 was $14,093/acre and the average price per productivity index point was $172.37 based on the below sampled data. It is important to note that in 2024 there have been farmland sales as high as $17,847 per acre.
Since 1977, the Geswein Farm & Land Team has been advising farmland owners on the sale, management, and stewardship of land based on most current, accurate, and relevant data. The information in the sampled data report below can provide you with a rough estimate of your farmland value; however, understanding the specific characteristics of your property and how they compare to the other sales will provide the most accurate value of your property. Additionally, properties sold by land brokers via auctions or listings consistently outperformed individual to individual transactions and properties sold by traditional home realtors.
Understanding the true value of your farmland is crucial for making informed decisions about the sale, succession planning, or management. Many landowners may not realize how valuable their farm is, often underestimating the price per acre they can achieve. Accurately assessing farmland values ensures you are well-positioned to maximize your returns, whether through a traditional sale, auction, or strategic farm management practices that enhance your land’s worth over time.
According to Land.com in June of 2025, there are nearly 1,000 acres of land – valued at close to $15 million – recently listed for sale in Clinton County, Indiana. Ranking 65th out of the state’s 92 counties, Clinton County has a moderate amount of rural properties, including farms and hunting land, currently on the market. Frankfort leads all areas within the county in total land listings. Located in western Indiana, Clinton County spans 405 square miles, making it the 44th largest county in the state.
The most recent USDA farmland census reveals that Clinton County has approximately 205,912 acres of farmland. The county’s average farm size is around 391 acres, with over 526 farms operating within its borders. Corn and soybeans are the predominant crops, contributing significantly to the local agricultural economy. The census also indicates that the majority of farm operators in Clinton County are family-owned businesses, emphasizing the importance of agriculture to the community’s heritage and economy.
Overview of Clinton County Agriculture
Location and Geography: Clinton County is located in the central part of Indiana, with fertile soil and a climate suitable for various types of farming. The county’s geography includes flat to gently rolling terrain, making it ideal for large-scale agricultural operations.
Major Crops:
- Corn: Clinton County is a significant producer of corn, which is a staple crop in the region. The fertile soil and favorable growing conditions contribute to high corn yields.
- Soybeans: Alongside corn, soybeans are another dominant crop. The crop rotation of corn and soybeans helps maintain soil health and optimize yields.
- Wheat: Wheat is also grown, though to a lesser extent than corn and soybeans. It serves as a rotational crop and supports the county’s diverse agricultural profile.
Economic Impact: Agriculture is a major economic driver in Clinton County. The sector provides employment, supports local businesses, and contributes to the county’s overall economic stability. The income generated from crop and livestock sales helps sustain the local economy and supports community services.
Sustainability Practices: Many farmers in Clinton County are increasingly adopting sustainable practices to preserve soil health and protect the environment. These include no-till farming, cover cropping, along with a high percentage of nutrient management solutions. Efforts to conserve water and reduce chemical usage are also becoming more common.
Current State of Corn, Soybean, and Wheat Prices and Their Impact on Farmers
Corn Prices
It is June 2025, and you are likely watching prices closely – and right now, the USDA is projecting a slight dip. The average price for corn in the 2025-2026 marketing year is expected to land around $4.20 per bushel, slightly down from the $4.35 in last year. It is not a huge drop, but it could tighten margins depending on your input costs. With a solid crop and smart marketing, though, there is still opportunity to do well – especially if weather or global supply issues shake up the market later in the season.
Soybean Prices
The soybean market is looking a little stronger than last year. The USDA’s current forecast puts the 2025-2026 average soybean price at $10.25 per bushel, up from $9.95 in 2024-2025. That bump could give some extra room to work with when it comes to marketing your crop. Whether you have locked in prices already or are holding out for better contracts, this projected increase is a reassuring sign of steady demand ahead.
Wheat Prices
The USDA expects wheat prices to average around $5.30 per bushel in 2025-2026, a small drop from $5.50 last year. While not a drastic change, it does mean you may want to watch your marketing windows closely and consider input costs as you plan ahead. That said, prices are still within a manageable range – and a weather event or export shift could always bring new pricing opportunities later in the year.
Impact on Farmers
- Income Variability: Lower prices for corn and wheat introduces more income uncertainty for farmers relying heavily on those crops. Even small price shifts can have a big impact on profitability when margins are already thin. While soybeans offer a slight bright spot with a projected price increase, overall revenue may still fluctuate depending on how yields, timing, and local basis play out. Farmers with diversified operations or flexible marketing tools will be better positioned to absorb this variability.
- Cost Management: With prices softening for corn and wheat, cost control becomes even more critical. Farmers who planted early in 2025 may have already faced higher input costs – fertilizer, seed, fuel – due to inflation and residual supply chain disruptions. If market prices remain below expectations at harvest, there may be less room for error. Farmers may need to lean harder on precision practices, input efficiency, and careful capital planning to maintain profitability.
- Market Strategy: The shifting price landscape underscores the importance of flexible and proactive marketing strategies. Farmers will likely benefit from a mix of forward contracts, crop insurance, and futures/options to protect downside risk – especially for corn and wheat. Holding off on pricing too early could also be risky if projected prices keep sliding. Soybean growers may have more leeway to capitalize on upward trends, particularly if they time their sales strategically during seasonal rallies or global demand surges.
- Geopolitical and Environmental Factors: Markets remain highly sensitive to geopolitical events (such as conflict in key grain-exporting regions or changes in trade policy) and weather extremes (droughts or floods). These can shift prices quickly and significantly.
- Long-Term Planning: For long-term strategy, the slight downtrend in corn and wheat prices may encourage some farmers to re-evaluate cropping decisions, consider diversification, or invest in soil health and sustainability practices that offer long-term resilience and potential subsidies.
The current outlook presents both challenges and opportunities. While softening prices for corn and wheat may compress margins, soybeans provide a more stable outlook. Smart cost control, flexible marketing, and awareness of broader forces – like policy shifts or weather volatility – will be key to navigating 2025 successfully and setting up for the future.
History & Background of Clinton County, Indiana: Home of the Hot Dog Festival
County Seat: Frankfort
Townships: Center / Forest / Jackson / Johnson / Kirklin / Madison / Michigan / Owen / Perry / Ross / Sugar Creek / Union / Warren / Washington
History: Named for DeWitt Clinton, early American politician and former governor of the state of New York
Population: 32,843
Cities & Towns: Frankfort / Colfax / Kirklin / Michigantown / Mulberry / Rossville
Acreage: 238,786
According to the USDA National Agricultural Statistics Service (NASS), the following crop statistics have been reported for Clinton County, Indiana.
The 2022 Ag Census for Clinton County, Indiana, reported the following crop statistics:
Number of farms: 526
Land in farms (acres): 205,912
Average farm size (acres): 391
Total market value of products sold: $274,170,000
Government payments: $1,111,000
Farm-related income: $10,009,000
Total farm production expenses: $221,927,000
Net cash farm income: $63,364,000
Sources / Citations:
Source 1:
“United States Department of Agriculture.” USDA, www.nass.usda.gov/Statistics_by_State/Indiana/Publications/County_Estimates/index.php#:~:text=Access%20Quick%20Stats%20Lite,to%20NASS%20Surveys%20and%20Programs. Accessed 16 June 2025.
Source 2:
“USDA.” 2022 Census of Agriculture County Profile, www.nass.usda.gov/Publications/AgCensus/2022/Online_Resources/County_Profiles/Indiana/cp18029.pdf. Accessed 16 June 2025.
*The transaction and land sales data/information contained in this report was obtained from publicly available sources and sales disclosures deemed accurate and reliable but not guaranteed, no liability for accuracy, errors or omissions is assumed by Geswein Farm & Land Realty, LLC
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