Weekly Auction Results: 8/13/23-8/19/23
Iowa saw 21 tracts with a total of 2,183 acres sell at public auction the week of August 13, 2023. The average dollar per CSR2 was $194, which is up 4% from the previous week, and up 8% from Q2’s average of $179. The $/CSR2 average for the year so far is $182, so Iowa’s average price last week was up approximately 6% from the overall average YTD.
Iowa Results
Tracts Sold: 21
Average $/Acre: $12,412
Average $/Tillable: $14,397
Average $/CSR2: $194
Osceola County had the high sale of the week, with 80.86-acres selling for $17,200/acre or $197/CSR2. Shelby County had an extraordinary $/CSR2 sale: 50.5-acres of cropland with a CSR2 of 51.7 sold for $14,100/acre or $291/CSR2.
Peoples Company hosted a multi-tract auction in Kansas on August 15, with 10 tracts selling at an overall average of $2,569/acre.
Illinois also had more tracts selling this week than usual, with 15 tracts selling across the state at an average of $16,080/acre.
Below is a map of the auction locations for the week of 8/13-8/19.
Illinois Results
Tracts Sold: 15
Average $/Acre: $16,080
Kansas Results
Tracts Sold: 10
Average $/Acre: $2,569
Minnesota Results
Tracts Sold: 5
Average $/Acre: $11,012
Missouri Results
Tracts Sold: 2
Nebraska Results
Tracts Sold: 1
| Sale Date | State | County | Land Type | Gross Acres | $ Per Acre | CSR2 |
|---|---|---|---|---|---|---|
| 08-14-2023 | IA | Shelby | Cropland | 102.75 | $ 15,600 | 58.3 |
| 08-14-2023 | IA | Shelby | Cropland | 39.00 | $ 11,000 | 60.9 |
| 08-14-2023 | IL | McDonough | Cropland | 128.51 | $ 5,950 | 112.6 |
| 08-14-2023 | IL | McDonough | Cropland | 42.64 | $ 8,600 | 116.3 |
| 08-14-2023 | IA | Shelby | Cropland | 50.50 | $ 13,100 | 57.6 |
| 08-14-2023 | IA | Shelby | Cropland | 73.22 | $ 14,100 | 51.7 |
| 08-15-2023 | KS | Sumner | Cropland | 142.70 | $ 2,494 | 49.4 |
| 08-15-2023 | IA | Pocahontas | Cropland | 71.13 | $ 13,100 | 85.4 |
| 08-15-2023 | IA | Marshall | Cropland | 136.90 | $ 13,300 | 88.5 |
| 08-15-2023 | IA | Marshall | Cropland | 124.50 | $ 10,500 | 84.8 |
| 08-15-2023 | IL | Adams | Cropland | 19.46 | $ 30,000 | 135.4 |
| 08-15-2023 | IL | Adams | Cropland | 41.01 | $ 30,000 | 131.6 |
| 08-15-2023 | IL | Adams | Cropland | 19.98 | $ 26,300 | 128.1 |
| 08-15-2023 | IL | Adams | Cropland | 40.76 | $ 21,900 | 133.4 |
| 08-15-2023 | IL | Adams | Cropland | 34.10 | $ 18,500 | 133 |
| 08-15-2023 | IL | Adams | Cropland | 72.46 | $ 17,100 | 124.7 |
| 08-15-2023 | IL | Adams | Cropland | 105.84 | $ 18,000 | 132.9 |
| 08-15-2023 | KS | Sumner | Cropland | 1,684.00 | $ 2,494 | -- |
| 08-15-2023 | KS | Sumner | Cropland | 152.50 | $ 2,494 | 64 |
| 08-15-2023 | KS | Sumner | Cropland | 271.70 | $ 2,494 | 47 |
| 08-15-2023 | KS | Sumner | Cropland | 155.60 | $ 2,494 | 45.2 |
| 08-15-2023 | KS | Sumner | Cropland | 160.40 | $ 2,494 | 44.1 |
| 08-15-2023 | KS | Sumner | Cropland | 156.00 | $ 2,494 | 46.9 |
| 08-15-2023 | KS | Sumner | Cropland | 160.00 | $ 2,494 | 52.6 |
| 08-15-2023 | KS | Sumner | Cropland | 162.40 | $ 2,494 | 48.2 |
| 08-15-2023 | KS | Sumner | Cropland | 160.10 | $ 2,494 | 61.5 |
| 08-15-2023 | NE | Butler | Irrigated Cropland | 145.81 | $ 7,300 | 61.3 |
| 08-16-2023 | IL | Hancock | Cropland | 37.01 | $ 9,750 | 115.4 |
| 08-16-2023 | IL | Hancock | Pasture | 123.92 | $ 6,200 | 87.8 |
| 08-16-2023 | IL | Hancock | Pasture/Hay | 39.36 | $ 9,550 | 122.1 |
| 08-16-2023 | IL | Hancock | Cropland | 83.37 | $ 15,900 | 139.9 |
| 08-16-2023 | IL | Hancock | Cropland | 78.39 | $ 17,600 | 141.5 |
| 08-16-2023 | IA | Webster | Cropland | 210.00 | $ 11,500 | 81.8 |
| 08-16-2023 | MN | Kandiyohi | CRP/Rec | 115.93 | $ 4,300 | 51.2 |
| 08-16-2023 | MN | Kandiyohi | Building Site/Rec | 25.25 | $ 14,653 | 52.2 |
| 08-16-2023 | IA | Webster | Cropland/Rec | 115.92 | $ 8,600 | 81.2 |
| 08-16-2023 | IA | Osceola | Cropland | 149.89 | $ 13,600 | 76.8 |
| 08-17-2023 | MN | Waseca | Cropland | 113.24 | $ 12,138 | 89.1 |
| 08-17-2023 | MN | Waseca | Cropland | 152.04 | $ 11,730 | 88.6 |
| 08-17-2023 | MN | Rock | Cropland/Wind Turbine | 159.37 | $ 12,240 | 95 |
| 08-17-2023 | IL | Hancock | Cropland/CRP | 82.32 | $ 5,850 | 100.9 |
| 08-17-2023 | MO | Chariton | Cropland | 214.00 | $ 8,000 | 49 |
| 08-17-2023 | IA | Chickasaw | Cropland | 40.82 | $ 15,100 | 86.4 |
| 08-17-2023 | IA | Chickasaw | Cropland | 88.72 | $ 15,300 | 83.8 |
| 08-17-2023 | IA | Chickasaw | Cropland | 72.64 | $ 13,900 | 75.6 |
| 08-17-2023 | IA | Chickasaw | Cropland | 121.62 | $ 14,200 | 71.7 |
| 08-17-2023 | IA | Osceola | Cropland | 80.86 | $ 17,200 | 91.9 |
| 08-17-2023 | MO | Macon | Cropland | 360.80 | $ 6,250 | 49.5 |
| 08-18-2023 | IA | OBrien | Cropland | 46.60 | $ 8,000 | 76 |
| 08-18-2023 | IA | Hardin | Cropland/CRP | 131.00 | $ 10,600 | 82.4 |
| 08-18-2023 | IA | Webster | Cropland | 118.34 | $ 13,250 | 78.8 |
| 08-18-2023 | IA | Hardin | Cropland/Acreage | 153.00 | $ 9,500 | 81.5 |
| 08-18-2023 | IA | Hardin | Cropland | 96.00 | $ 14,100 | 87.3 |
| 08-18-2023 | IA | OBrien | Cropland | 159.79 | $ 5,100 | 83.9 |
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