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Weekly Auction Results: 3/6/22–3/12/22

March 14, 2022 - Ashley Poduska
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20 tracts went up for auction last week, representing 2,067 acres in the Iowa market and bringing an average dollar per acre of $8,913.  

Of these tracts, only seven tracts met our criteria of 85% tillable to calculate the $/Tillable and $/CSR2. The average dollar per tillable acre for those that qualified was $14,198, bringing the average dollar per CSR2 to $187. This is down 1% from the prior week's average, but still up 10% from Q4 2021.

The top sale of the week went to a 38 acre, 95.1 CSR2 Sioux County farm, bringing $23,000/acre or $258/CSR2.
 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
03-07-2022 IA Clay Tillable 78.66 $ 4,700 37.1
03-07-2022 IA Hamilton Tillable 156.00 $ 18,500 86
03-07-2022 IA Clay Tillable 37.55 $ 4,700 23.7
03-07-2022 IA Clay Tillable 30.41 $ 7,000 59.3
03-08-2022 MN Redwood Tillable 160.00 $ 13,075 --
03-08-2022 IA Franklin Tillable/CRP 182.95 $ 5,750 71.3
03-08-2022 IA Jackson Tillable 221.87 $ 12,900 71
03-08-2022 IA Shelby Tillable 38.00 $ 23,000 95.1
03-09-2022 IA Union Tillable 40.41 $ 6,800 47
03-09-2022 IA Union Tillable 78.35 $ 5,650 56.8
03-09-2022 IA Madison Tillable 183.44 $ 7,000 66.5
03-09-2022 IA Madison Tillable 235.98 $ 8,300 81
03-09-2022 IA Madison Tillable 107.02 $ 4,025 82.2
03-09-2022 IA Madison Rec 54.65 $ 3,400 69
03-09-2022 MN Lyon Tillable 148.25 $ 8,650 --
03-09-2022 MN Polk Tillable 30.00 $ 6,300 --
03-09-2022 MN Polk Tillable 34.00 $ 15,260 --
03-09-2022 MN Renville Tillable 150.28 $ 11,000 --
03-09-2022 MN Renville Tillable 39.75 $ 13,800 --
03-09-2022 MN Renville Tillable 79.43 $ 13,800 --
03-09-2022 IA Union Pasture 35.23 $ 7,000 58.9
03-10-2022 NE Hamilton Tillable 838.63 $ 13,850 --
03-10-2022 IA Emmet Tillable 97.49 63.2
03-10-2022 IA Emmet Tillable 10.48 67.1
03-10-2022 IA Butler Tillable 150.00 $ 12,000 74.8
03-10-2022 IA Butler Tillable 126.98 $ 11,100 70.9
03-10-2022 IA Marion Tillable 158.00 $ 8,500 57.1
03-10-2022 AR Craighead Housing 0.38 $ 1,052,632 --
03-10-2022 NE Hamilton Tillable 161.01 $ 18,943 --
03-11-2022 IA Ringgold Tillable 43.17 $ 10,100 62.4
03-12-2022 MN Freeborn Tillable 148.72 $ 12,300 --
03-12-2022 MN Freeborn Tillable 80.00 $ 10,400 --
03-12-2022 MN Freeborn Tillable 80.00 $ 12,550 --
Published in: Land Auctions