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Weekly Auction Results: 5/8/22–5/14/22

May 16, 2022 - Ashley Poduska
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The appraisal team tracked six auctions in Iowa last week, bringing an average dollar per acre of $9,829, average dollar per tillable of $12,488 and average dollar per CSR2 of $173.  This is down 7% from the previous week, and down $1 per CSR2 point from Q1 2022's $/CSR2's average of $174.

The high sale of the week went to a Butler County 37.3 acre cropland farm, bringing $15,200 per acre or $180 per CSR2.
 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
05-09-2022 IA Jackson Cropland/Rec 212.23 $ 10,400 76.9
05-10-2022 IA Harrison Rec 40.00 $ 7,025 71.7
05-11-2022 IA Buena Vista Cropland 37.31 $ 15,200 87.6
05-12-2022 IA Butler Cropland 105.33 $ 10,550 64.4
05-12-2022 IA Grundy Pasture/CRP 139.68 $ 6,800 74.1
05-12-2022 MN Wright Cropland 37.31 $ 9,500 --
05-14-2022 IA Clinton Cropland 178.62 $ 9,000 63
Published in: Land Values