Weekly Auction Results: 11/27/22-12/3/22
There were 23 tracts of land that sold at auction between November 27 and December 3. During these auctions, there was a total of 1,983 acres available for purchase and of those acres, 94% were tillable acres.
Iowa Results:
Tracts Sold: 23
Average $/Acre: $12,901
Average $/Tillable: $13,814
Average $/CSR2: $186
Change from Prior Week: +5%
Change from 2022 Q3: +3%
The high $/acre sale of the week went to a Sioux County 45.8-acre cropland farm, bringing $23,750/acre or $276/CSR2. The high $/CSR2 sale of the week went to another Sioux County farm: 91.2-acres for $15,000/acre or $294/CSR2.
Below is a chart tracking the weekly change of $/CSR2 from the first week of January to now.
Illinois Results:
Tracts Sold: 9
Average $/Acre: $14,763
Average $/Tillable: $15,154
Average $/PI: $154
Minnesota Results:
Tracts Sold: 19
Average $/Acre: $7,956
Average $/Tillable: $9,780
Average $/PI: $110
| Sale Date | State | County | Land Type | Gross Acres | $ Per Acre | CSR2 |
|---|---|---|---|---|---|---|
| 11-28-2022 | MN | Jackson | Cropland | 40.00 | $ 13,400 | 97.9 |
| 11-29-2022 | MN | Kandiyohi | Cropland | 72.56 | $ 6,400 | 63.5 |
| 11-29-2022 | MN | Kandiyohi | Cropland | 116.00 | $ 6,466 | -- |
| 11-29-2022 | IL | Vermilion | Cropland | 40.00 | $ 13,700 | 64.8 |
| 11-29-2022 | IL | Vermilion | Cropland | 170.00 | $ 10,700 | 64.3 |
| 11-29-2022 | IL | Vermilion | Cropland | 86.00 | $ 10,700 | 64.4 |
| 11-29-2022 | IA | Mahaska | Cropland | 85.32 | $ 5,500 | 48.8 |
| 11-29-2022 | IA | Mahaska | Cropland | 93.93 | $ 8,100 | 75.6 |
| 11-29-2022 | IA | Black Hawk | Cropland/CRP | 95.00 | $ 13,000 | 84.2 |
| 11-29-2022 | IA | Shelby | Cropland | 91.17 | $ 15,000 | 53 |
| 11-29-2022 | IA | Page | Ag land | 80.00 | $ 11,800 | 79.5 |
| 11-29-2022 | NE | Pierce | Cropland | 159.20 | -- | |
| 11-29-2022 | IA | Keokuk | Cropland | 160.00 | $ 14,700 | 79.7 |
| 11-29-2022 | MN | Rice | Cropland | 80.00 | $ 5,500 | 88.3 |
| 11-29-2022 | MN | Rice | Cropland | 77.50 | $ 6,550 | 92.6 |
| 11-29-2022 | MN | Rice | Cropland | 120.00 | $ 4,500 | 76.1 |
| 11-29-2022 | MN | Watonwan | Cropland | 40.00 | $ 9,900 | 81.8 |
| 11-29-2022 | MN | Watonwan | Cropland | 160.00 | $ 7,200 | 80.5 |
| 11-30-2022 | MN | Sibley | Cropland | 152.95 | $ 11,800 | 91.5 |
| 11-30-2022 | IA | Floyd | Cropland | 76.40 | $ 7,600 | 62.5 |
| 11-30-2022 | IA | Iowa | Cropland | 78.00 | $ 14,600 | 72.7 |
| 11-30-2022 | IA | Johnson | Cropland | 115.00 | $ 10,600 | 51 |
| 11-30-2022 | IA | Worth | Cropland | 76.05 | $ 11,525 | 85.7 |
| 11-30-2022 | IA | Lucas | Cropland | 68.90 | $ 11,000 | 71.6 |
| 11-30-2022 | IA | Lucas | Pasture | 56.84 | $ 5,900 | 71.6 |
| 11-30-2022 | IL | DeKalb | Ag land | 155.00 | $ 14,600 | 134.4 |
| 11-30-2022 | IL | DeKalb | Ag land | 80.00 | $ 15,500 | 141.1 |
| 11-30-2022 | IL | Kane | Ag land | 160.00 | $ 15,600 | 130.4 |
| 11-30-2022 | IL | DeKalb | Ag land | 28.15 | $ 17,600 | 142.8 |
| 11-30-2022 | IL | Kane | Ag land | 64.79 | 134 | |
| 11-30-2022 | IL | Kane | Ag land | 76.48 | $ 19,700 | 140 |
| 11-30-2022 | MI | Sanilac | Rec | 52.75 | $ 5,137 | -- |
| 11-30-2022 | MI | Sanilac | Cropland | 80.00 | $ 4,369 | -- |
| 11-30-2022 | MI | Sanilac | Cropland | 40.00 | $ 16,763 | -- |
| 11-30-2022 | MI | Sanilac | Cropland | 80.00 | $ 6,688 | -- |
| 11-30-2022 | MI | Sanilac | Cropland | 117.00 | $ 5,256 | -- |
| 11-30-2022 | MN | Norman | Cropland | 120.00 | $ 4,667 | 80 |
| 11-30-2022 | MN | Meeker | Cropland | 50.43 | $ 9,200 | 69.2 |
| 11-30-2022 | MN | Meeker | Cropland | 51.91 | $ 6,900 | 55.2 |
| 11-30-2022 | MN | Meeker | Cropland | 75.23 | $ 5,000 | 57 |
| 11-30-2022 | MN | Freeborn | Cropland | 155.67 | $ 5,100 | 66.5 |
| 11-30-2022 | MN | Sibley | Cropland | 50.00 | $ 7,900 | 88.5 |
| 11-30-2022 | MN | Sibley | Cropland | 80.00 | $ 12,050 | 92.9 |
| 11-30-2022 | NE | Webster | Cropland | 79.61 | $ 4,100 | 65.7 |
| 11-30-2022 | NE | Webster | Cropland | 159.78 | $ 3,900 | 67.4 |
| 11-30-2022 | WI | Iowa | Cropland | 171.00 | $ 15,500 | 78.9 |
| 12-01-2022 | IA | Howard | Cropland | 80.00 | $ 13,800 | 82.5 |
| 12-01-2022 | IA | Hamilton | Cropland | 20.08 | $ 16,000 | 85.7 |
| 12-01-2022 | IA | Cass | Cropland | 111.36 | $ 14,700 | 84.5 |
| 12-01-2022 | IA | Guthrie | Cropland | 152.00 | $ 12,600 | 71.7 |
| 12-01-2022 | MO | Carroll | Cropland | 198.25 | $ 9,686 | 68.7 |
| 12-01-2022 | MO | Carroll | Cropland | 86.08 | $ 9,686 | 66.5 |
| 12-01-2022 | MO | Carroll | Cropland | 213.63 | $ 9,866 | 60.7 |
| 12-01-2022 | MO | Carroll | Cropland | 149.67 | $ 9,686 | 62.8 |
| 12-01-2022 | MO | Carroll | Cropland/Rec | 260.93 | $ 9,686 | 60.7 |
| 12-01-2022 | IA | Wright | Cropland | 160.00 | $ 14,250 | 82.4 |
| 12-01-2022 | IA | Keokuk | Cropland | 63.00 | $ 17,800 | 79.2 |
| 12-01-2022 | NE | Merrick | Cropland | 155.00 | $ 10,600 | 65 |
| 12-01-2022 | MN | Olmsted | Cropland | 33.14 | $ 9,460 | 93.5 |
| 12-01-2022 | MN | Olmsted | Cropland | 34.01 | $ 9,497 | 94 |
| 12-01-2022 | MN | Olmsted | Cropland | 142.33 | $ 9,678 | 96.1 |
| 12-01-2022 | MO | Carroll | Cropland | 211.44 | $ 9,686 | 60.2 |
| 12-01-2022 | IA | Shelby | Cropland | 45.76 | $ 23,750 | 87.3 |
| 12-01-2022 | IA | Hamilton | Cropland | 19.00 | $ 16,000 | 83.8 |
| 12-02-2022 | IN | Whitley | Cropland | 77.67 | $ 7,700 | 64.8 |
| 12-02-2022 | IN | Whitley | Cropland | 80.00 | $ 7,800 | 53.6 |
| 12-02-2022 | IA | Sioux | Cropland | 93.00 | $ 15,200 | 88.5 |
| 12-02-2022 | IA | OBrien | Cropland | 80.17 | $ 15,400 | 85.4 |
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