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Weekly Auction Results: 8/14/22–8/20/22

August 22, 2022 - Ashley Poduska
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Iowa had 16 tracts sell at auction last week:
Average $/Acre: $13,827
Average $/Tillable: $16,437
Average $/CSR2: $197
Change from Prior Week: +8%
Change from 2022 Q2: +5%

The high dollar per acre sale went to an Ida County cropland farm, selling for $20,300/acre or $223/CSR2.  The high $/CSR2 went to tract two of that same sale, selling for $18,400/acre or $240/CSR2.

Below is a chart tracking the weekly change of $/CSR2 from the first week of January to present.

Minnesota Results:
Tracts Sold: 7
Average $/Acre: $10,555
Average $/Tillable: $11,720
Average $/PI: $128

 

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
08-15-2022 IA Mitchell CRP 154.00 $ 8,000 --
08-15-2022 IA Humboldt Cropland 113.93 $ 11,900 64.1
08-16-2022 MN McLeod Cropland 39.51 $ 8,023 88.3
08-16-2022 IA Plymouth Cropland 116.21 $ 12,000 84.6
08-16-2022 IA Plymouth Cropland 155.23 $ 12,000 84.3
08-16-2022 MN McLeod Cropland 77.55 $ 7,531 91.6
08-16-2022 IA Winnebago Cropland/CRP 79.00 $ 13,700 83.6
08-16-2022 IA Floyd Cropland 120.60 $ 8,700 76.7
08-17-2022 IA Jackson Cropland 185.61 $ 17,800 90.7
08-17-2022 IA Muscatine Cropland 160.00 $ 18,800 92.5
08-17-2022 MN Renville Cropland 120.00 $ 14,000 92.1
08-17-2022 MN Freeborn Cropland 178.00 $ 13,300 93.9
08-17-2022 IA Humboldt Cropland 80.00 $ 20,300 92.9
08-17-2022 IA Humboldt Cropland 80.00 $ 18,400 85.9
08-18-2022 MN Renville Cropland 161.40 $ 15,300 93.6
08-18-2022 IA Clayton Cropland 117.80 $ 15,600 78.3
08-18-2022 IA Sioux Cropland 80.00 $ 15,700 88
08-18-2022 IA Fremont Cropland 80.00 $ 15,500 85.9
08-18-2022 IA Bremer Cropland 50.23 $ 13,625 70.3
08-18-2022 MN Sibley Cropland 106.98 $ 7,712 89.3
08-18-2022 MN Sibley Cropland 44.28 $ 8,017 87.9
08-19-2022 IA Pottawattamie Cropland/Rec 160.00 $ 6,800 59.6
08-19-2022 IA Palo Alto Cropland 230.00 $ 12,400 80.7
Published in: Land Values