Luis Carlos Najera, the attorney general of the state of Jalisco, said Luis Antonio Ortiz Guerra and Andres Barba Olivas were found Tuesday on the land of Rancho Barley.
The discovery came after police arrested a 17-year-old identified only as Isaac, who police accuse of luring the boys to the farm from a shopping mall in Zapopan, Noticieros Televisa reported Wednesday.
"This young man we arrested today tells us that [the dead teens] abused and mocked a son of Jose Angel Carrasco Coronel, known as the Changel, [who] is being held in Mexico City," Najera said, explaining a motive for the slayings.
Changel is an alleged drug kingpin who was arrested by the Mexican Army.
The teens, whose ages were not reported, were found in a field of about 247 acres, Noticieros Televisa said.
It was not reported if Isaac is considered a suspect in the crime.