/ Blog

Weekly Auction Results: 5/1/22–5/7/22

May 9, 2022 - Ashley Poduska
Share


We tracked 10 auctions in Iowa last week.  The average dollar per acre was $12,708, average dollar per tillable of $14,864 and an average dollar per CSR2 of $186.  This is down 10% from the previous week, while remaining up 7% from Q1 2022's $/CSR2 average of $174.

The high sale of the week went to a Sioux County 60 acre cropland farm bringing $22,400 per acre or $263/CSR2.

We also tracked six auctions in Minnesota which brought an average dollar per acre of $8,923 and average dollar per tillable acre of $13,108.
 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
05-02-2022 MN Mower Cropland 55.00 $ 9,900 --
05-02-2022 IA Shelby Tillable 60.00 $ 22,400 91.5
05-02-2022 IA Shelby Tillable 59.00 $ 20,900 87.4
05-03-2022 MN Polk CRP 56.00 $ 1,402 --
05-03-2022 MN Renville Rec 40.54 $ 3,435 --
05-03-2022 IA Sioux Cropland 115.03 $ 19,200 86.5
05-03-2022 MN Nobles Cropland 81.10 $ 11,500 --
05-03-2022 MN Nobles Cropland 43.70 $ 13,800 --
05-04-2022 IA Clay Cropland 69.16 $ 9,037 23.4
05-04-2022 IA Wapello Cropland 65.66 $ 10,500 70.9
05-04-2022 IA Union Cropland 48.75 $ 7,650 65.2
05-05-2022 MN Nobles Tillable 81.59 $ 13,500 --
05-05-2022 IA Winnebago Cropland 73.70 $ 13,600 78
05-06-2022 IN Whitley Cropland 160.00 $ 8,500 65
05-06-2022 IA Union Cropland 150.00 $ 8,750 73
05-07-2022 IA Chickasaw Tillable 52.00 $ 6,538 47
Published in: Land Values