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Weekly Auction Results: 5/22/22–5/28/22

May 31, 2022 - Ashley Poduska
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16 tracts sold in Iowa last week, bringing an average dollar per acre of $14,158, average dollar per tillable acre of $16,169 and an average dollar per CSR2 of $192.  This is down 3% from the previous week, while remaining up 10% from 2022 Q1's average of $174.

The top sale of the week was a Plymouth County 96.3 acre cropland farm with a CSR2 of 92.7, bringing $25,000 per acre or $270 per CSR2.

Seven tracts sold in Minnesota, bringing an average dollar per acre of $8,300 and an average dollar per tillable of $9,629. 
 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
05-23-2022 MN Pipestone Cropland 82.50 $ 10,800 --
05-23-2022 MN Pipestone Cropland 67.22 $ 10,600 --
05-23-2022 MN Pipestone Cropland 162.05 $ 10,500 --
05-24-2022 MN Watonwan Cropland 160.53 $ 8,400 84
05-24-2022 IA Clayton Cropland 67.35 $ 13,400 76.3
05-24-2022 IA Shelby Cropland 68.00 $ 21,900 91.5
05-24-2022 IA Jackson Cropland 76.13 $ 11,200 76.2
05-24-2022 IA Jackson Cropland 78.42 $ 13,700 80.2
05-24-2022 IA Clayton Cropland 29.66 $ 12,900 74.5
05-24-2022 MN Stearns Cropland 148.74 $ 4,538 --
05-24-2022 MN Watonwan Cropland 130.72 $ 8,850 83.1
05-25-2022 MN Meeker Cropland 218.51 $ 4,410 --
05-25-2022 IA Des Moines Cropland 98.22 $ 13,550 85.3
05-25-2022 IA Des Moines CRP 61.68 $ 6,800 --
05-25-2022 IA Iowa Cropland 144.00 $ 16,750 67.9
05-25-2022 IA Linn Cropland 52.00 $ 8,350 71.6
05-25-2022 IA Linn Cropland/Rec 104.12 $ 3,550 66.9
05-25-2022 IA Cedar Cropland 59.93 $ 10,525 83.1
05-26-2022 IA Clarke Cropland 69.70 $ 21,000 96.5
05-26-2022 IA Clarke Cropland 70.90 $ 20,300 95.9
05-26-2022 IA Clarke Cropland 84.00 $ 21,000 96.8
05-26-2022 IA Mahaska Cropland 42.00 $ 6,600 77.7
05-27-2022 IA Palo Alto Cropland 96.33 $ 25,000 92.7
Published in: Land Values
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