Weekly Auction Results: 7/16/23-7/29/23
This week’s snapshot includes the weeks of July 16-22 and 23-29. These two weeks had 2,842 acres offered for sale in Iowa, with an average dollar per acre of $12,209 and an average dollar per CSR2 of $158. This $/CSR2 is down 12% from the Q2 average of $179.
Iowa Results
Tracts Sold: 22
Average $/Acre: $12,309
Average $/Tillable: $13,719
Average $/CSR2: $158
The high sale was a Marshall County 64.9-acre cropland field that sold for $17,425/acre or $195/CSR2. Story County also saw a strong sale, with 80-acres selling for $17,100/acre or $204/CSR2.
Below is a map of the auction data in Iowa, Illinois, Minnesota, and Missouri for the weeks of 7/16/23-7/29/23.
Illinois Results
Tracts Sold: 11
Average $/Acre: $13,818
Average $/Tillable: $14,947
Average $/CSR2: $114
Minnesota Results
Tracts Sold: 6
Average $/Acre: $11,292
Average $/Tillable: $12,325
Average $/CSR2: $153
| Sale Date | State | County | Land Type | Gross Acres | $ Per Acre | CSR2 |
|---|---|---|---|---|---|---|
| 07-19-2023 | IL | Livingston | Cropland | 220.82 | $ 10,950 | 118.7 |
| 07-19-2023 | IA | Tama | Cropland | 84.90 | $ 8,663 | 86.3 |
| 07-20-2023 | IA | Crawford | Organic Cropland | 134.09 | $ 12,650 | 88 |
| 07-20-2023 | IA | Crawford | Organic Cropland/Dwelling/Bin Site | 137.92 | $ 12,300 | 85.9 |
| 07-20-2023 | IA | Crawford | Organic Cropland/CRP | 103.00 | $ 11,000 | 85.6 |
| 07-20-2023 | IA | Crawford | Organic Cropland/CRP | 188.00 | $ 10,500 | 82.8 |
| 07-20-2023 | IA | Sioux | Cropland | 80.00 | $ 17,100 | 88.5 |
| 07-20-2023 | IA | Jasper | Cropland | 78.83 | $ 9,000 | 76.5 |
| 07-20-2023 | IA | Jasper | Cropland/Development Potential | 50.57 | $ 10,900 | 59.5 |
| 07-20-2023 | IA | Bremer | Cropland | 140.45 | $ 11,750 | 83.1 |
| 07-20-2023 | IA | Bremer | Cropland | 116.64 | $ 11,750 | 77.7 |
| 07-20-2023 | IL | Sangamon | Cropland | 160.00 | $ 20,800 | 142.2 |
| 07-20-2023 | IL | Livingston | Cropland | 113.00 | $ 12,200 | 115 |
| 07-20-2023 | IA | Keokuk | Cropland | 60.00 | $ 14,700 | 85.5 |
| 07-20-2023 | MN | Wabasha | Cropland/Rec | 56.00 | $ 10,900 | 74.2 |
| 07-20-2023 | MN | Wabasha | Cropland | 98.00 | $ 11,200 | 83.8 |
| 07-20-2023 | MN | Wabasha | Cropland/Rec | 40.00 | $ 10,900 | 76.5 |
| 07-20-2023 | IL | Livingston | Cropland | 120.00 | $ 12,200 | 114.2 |
| 07-21-2023 | MO | Nodaway | Cropland | 35.00 | $ 7,250 | 82.1 |
| 07-21-2023 | MO | Nodaway | Cropland | 78.00 | $ 7,025 | 79.4 |
| 07-21-2023 | IA | Mitchell | Cropland | 73.30 | $ 10,500 | 56.1 |
| 07-24-2023 | MN | Chippewa | Cropland | 75.44 | $ 12,200 | 68.3 |
| 07-24-2023 | IA | Hardin | Cropland | 149.62 | $ 8,100 | 66.3 |
| 07-25-2023 | IA | Plymouth | Cropland | 95.93 | $ 11,552 | 75.1 |
| 07-25-2023 | IA | Plymouth | Cropland | 197.82 | $ 11,525 | 84.1 |
| 07-26-2023 | MN | Kandiyohi | Cropland | 157.81 | 79.8 | |
| 07-26-2023 | IA | Sioux | Cropland | 96.47 | $ 13,000 | 82.6 |
| 07-27-2023 | IA | Wright | Cropland | 96.00 | 60.4 | |
| 07-27-2023 | IL | Henry | Cropland | 115.00 | $ 15,200 | 141.2 |
| 07-27-2023 | IL | Henry | Cropland | 80.00 | $ 15,100 | 139.6 |
| 07-27-2023 | IL | Henry | Cropland | 75.34 | $ 14,200 | 131.9 |
| 07-27-2023 | IL | Henry | Cropland | 82.37 | $ 16,100 | 140.4 |
| 07-27-2023 | IL | Henry | Cropland | 75.96 | $ 15,900 | 135.6 |
| 07-27-2023 | MN | Brown | Cropland | 68.24 | $ 10,800 | 84.8 |
| 07-27-2023 | IA | Wright | Pasture | 58.00 | 65.4 | |
| 07-27-2023 | IA | Marion | Cropland | 80.00 | $ 10,000 | 78.4 |
| 07-27-2023 | IA | Marion | Cropland | 318.80 | $ 14,602 | 91.3 |
| 07-27-2023 | IA | Marion | Cropland | 40.00 | $ 15,000 | 81.3 |
| 07-27-2023 | IA | Marion | Cropland | 320.00 | $ 15,078 | 91.6 |
| 07-27-2023 | IA | Marion | Cropland | 76.98 | $ 13,705 | 85.8 |
| 07-27-2023 | IA | Marion | Cropland | 64.85 | $ 17,425 | 93.5 |
| 07-27-2023 | MN | Brown | Cropland | 153.16 | $ 11,750 | 91.4 |
| 07-28-2023 | IL | Schuyler | Cropland | 37.58 | $ 9,700 | 117.2 |
| 07-28-2023 | IL | Schuyler | Cropland | 38.22 | $ 9,650 | 117.9 |
| 07-28-2023 | MN | Kandiyohi | Cropland/Rec | 93.72 | 38.8 |
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