Weekly Auction Results: 1/22/23-1/28/23
There were 24 tracts of land that were offered at public auction in Iowa January 22-28. During these auctions, there was a total of 2,333 acres available for purchase and of those acres, 94% were tillable.
Iowa Results
Tracts Sold: 23
Average $/Acre: $12,801
Average $/Tillable: $14,692
Average $/CSR2: $190
1 Week % Change: +9%
Change from Q4 2022: +4%
The high dollar-per-acre sale of the week went to a Peoples Company Auction. It was a Tama County 73.4-acre cropland farm that sold for $21,000 per acre or $236 per CSR2.
The high dollar-per-CSR2 sale of the week went to a Lyon County 80.7-acre cropland farm that sold for $20,000 per acre or $307 per CSR2.
Below is a chart tracking the weekly change of $/CSR2 over the past 12 months.
Minnesota Results
Tracts Sold: 10
Average $/Acre: $10,893
Average $/Tillable: $11,469
Average $/NCCPI: $128
| Sale Date | State | County | Land Type | Gross Acres | $ Per Acre | CSR2 |
|---|---|---|---|---|---|---|
| 01-23-2023 | IA | Scott | Cropland | 150.92 | $ 11,856 | -- |
| 01-23-2023 | IA | Scott | Cropland | 79.00 | $ 13,500 | -- |
| 01-23-2023 | IA | Hardin | CRP | 128.00 | -- | |
| 01-24-2023 | IA | Page | Cropland | 160.00 | $ 11,000 | -- |
| 01-24-2023 | IA | Buchanan | Cropland | 90.00 | $ 15,650 | -- |
| 01-24-2023 | IA | Monroe | Rec/Ag | 70.77 | $ 6,100 | -- |
| 01-24-2023 | IA | Monroe | Pasture/Rec | 76.27 | $ 4,350 | -- |
| 01-24-2023 | IA | Polk | Cropland | 143.00 | $ 9,000 | -- |
| 01-24-2023 | IA | Polk | Cropland | 69.00 | $ 9,000 | -- |
| 01-24-2023 | IA | Tama | Cropland | 73.43 | $ 21,000 | -- |
| 01-24-2023 | IA | Audubon | Cropland | 77.00 | $ 17,100 | -- |
| 01-24-2023 | IA | Audubon | Cropland | 59.30 | $ 17,100 | -- |
| 01-24-2023 | IA | Lucas | Cropland | 80.60 | $ 18,100 | -- |
| 01-24-2023 | IA | Lucas | Cropland | 80.71 | $ 20,000 | -- |
| 01-24-2023 | NE | Burt | Cropland | 75.00 | $ 8,700 | -- |
| 01-24-2023 | MO | Saline | Cropland | 93.49 | $ 12,000 | -- |
| 01-24-2023 | MO | Barton | Cropland | 80.00 | $ 4,100 | -- |
| 01-24-2023 | MO | Saline | Cropland | 124.00 | $ 15,500 | -- |
| 01-24-2023 | MO | Saline | Cropland | 108.00 | $ 15,500 | -- |
| 01-25-2023 | IA | Clinton | Cropland | 200.00 | $ 12,100 | -- |
| 01-25-2023 | IA | Clinton | Cropland/Blg Site | 160.00 | $ 13,400 | -- |
| 01-25-2023 | IA | Harrison | Cropland | 80.85 | $ 10,225 | -- |
| 01-25-2023 | MN | Redwood | Cropland | 71.00 | $ 11,042 | -- |
| 01-25-2023 | MN | Redwood | Cropland | 115.48 | $ 9,621 | -- |
| 01-25-2023 | MN | Redwood | Cropland | 75.70 | $ 11,955 | -- |
| 01-25-2023 | MN | Brown | Cropland | 74.51 | $ 13,689 | -- |
| 01-26-2023 | NE | Pierce | Cropland | 160.00 | $ 9,050 | -- |
| 01-26-2023 | NE | Butler | Cropland | 160.00 | $ 7,000 | -- |
| 01-26-2023 | IA | Des Moines | Cropland | 40.50 | $ 13,150 | -- |
| 01-26-2023 | IA | Des Moines | Cropland/Turbines | 160.80 | $ 14,900 | -- |
| 01-26-2023 | IA | Cass | Cropland | 115.71 | $ 13,400 | -- |
| 01-26-2023 | IA | Sioux | Cropland | 80.00 | $ 14,300 | -- |
| 01-27-2023 | MN | Sibley | Cropland | 51.41 | $ 12,021 | -- |
| 01-27-2023 | MN | Sibley | Cropland | 91.72 | $ 10,576 | -- |
| 01-27-2023 | IA | Grundy | Cropland | 37.00 | $ 13,400 | -- |
| 01-27-2023 | MN | McLeod | Cropland | 46.60 | $ 12,017 | -- |
| 01-27-2023 | MN | McLeod | Cropland | 117.90 | $ 10,865 | -- |
| 01-27-2023 | MN | McLeod | Cropland | 58.20 | $ 10,086 | -- |
| 01-27-2023 | MN | McLeod | Cropland | 91.00 | $ 7,055 | -- |
| 01-28-2023 | IA | Lucas | Cropland | 75.67 | $ 11,000 | -- |
| 01-28-2023 | IA | Lucas | Pasture | 44.90 | $ 4,800 | -- |
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