Weekly Auction Results: 11/20/22-11/26/22
13 Tracts of land were offered at public auction November 20-26 in Iowa, with 12 tracts selling day of the auction. The average dollar per gross acre was $10,567, with an average dollar per tillable acre of $15,165 and average dollar per CSR2 of $178. Approximately 84% of the acres sold were tillable.
Iowa Results:
Tracts Sold: 12
Average $/Acre: $10,567
Average $/Tillable: $15,165
Average $/CSR2: $178
Change from Prior Week: -5%
Change from 2022 Q3: -2%
The high sale of the week went to a Sac County 111-acre cropland farm, selling for $17,100 per acre, or $197 per CSR2.
Below is a chart tracking the weekly change of $/CSR2 from the first week of January to now.
| Sale Date | State | County | Land Type | Gross Acres | $ Per Acre | CSR2 |
|---|---|---|---|---|---|---|
| 11-21-2022 | IA | Howard | Cropland | 168.00 | $ 11,904 | 84.1 |
| 11-21-2022 | IA | Howard | Cropland/CRP | 154.00 | $ 9,000 | 79.9 |
| 11-21-2022 | IA | Sioux | Cropland | 80.00 | $ 15,200 | 88.5 |
| 11-21-2022 | IA | Lucas | Cropland | 40.20 | $ 12,500 | 64.8 |
| 11-22-2022 | IA | Lee | Cropland | 120.25 | $ 14,300 | 82.3 |
| 11-22-2022 | IA | Ringgold | Cropland | 111.00 | $ 17,100 | 88.6 |
| 11-22-2022 | IA | Franklin | Cropland | 151.99 | 76.4 | |
| 11-22-2022 | IA | Butler | Cropland | 55.05 | $ 16,600 | 88.2 |
| 11-22-2022 | IA | Winnebago | Cropland | 125.00 | $ 11,700 | 79.5 |
| 11-22-2022 | IA | Louisa | Cropland | 50.26 | $ 6,200 | 55.9 |
| 11-22-2022 | IA | Louisa | Pasture | 103.45 | $ 4,200 | 42.5 |
| 11-22-2022 | IA | Louisa | Pasture | 33.31 | $ 4,200 | 44.9 |
| 11-22-2022 | IA | Louisa | Pasture/Rec | 27.50 | $ 3,900 | 31.3 |
| 11-22-2022 | MN | Nobles | Cropland | 160.00 | $ 13,400 | 95.7 |
| 11-22-2022 | MN | Freeborn | Cropland | 40.00 | $ 10,200 | 84.9 |
| 11-22-2022 | MN | Freeborn | Cropland | 115.00 | $ 11,500 | 91.4 |
| 11-22-2022 | MN | Freeborn | Cropland | 40.00 | $ 11,200 | 93.7 |
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