Dairy

After a four-year run of substantial gains, agricultural land values in the Seventh Federal Reserve District, which includes the northern two-thirds of Illinois, saw a 1% annual decrease.

Oberweis President Adam Kraber said the company expects to complete the reorganization and sale in late June.

Oberweis Dairy plans to lay off 127 employees starting in June, the company informed the state in a WARN filing.

Oberweis Dairy has filed for Chapter 11 bankruptcy protection