Weekly Auction Results: 8/20/23-8/26/23
14 tracts with a total of 1,533.22-acres were offered at public auction in Iowa the week of August 20. The average dollar per CSR2 was $173, which is down 11% from the previous week, and down 4% from Q2’s average of $179.
Iowa Results
Tracts Sold: 14
Average $/Acre: $13,119
Average $/Tillable: $14,828
Average $/CSR2: $173
The high sale of the week went to a 78.79-acre cropland farm in Sac County with a CSR2 of 90.2. IT sold for $18,500/acre or $207/CSR2.
Wisconsin had a large auction this week across six counties: 103 total tracts sold in two sessions, with over 7,000 acres selling for an average of $6,121/acre.
Below is a map of the auction locations for the week of 8/20-8/26.
Illinois Results
Tracts Sold: 11
Average $/Acre: $11,468
Minnesota Results
Tracts Sold: 4
Nebraska Results
Tracts Sold: 1
Wisconsin Results
Tracts Sold: 103
Average $/Acre: $6,122
| Sale Date | State | County | Land Type | Gross Acres | $ Per Acre | CSR2 |
|---|---|---|---|---|---|---|
| 08-21-2023 | IL | Henry | Cropland | 117.89 | $ 15,900 | 139.4 |
| 08-21-2023 | IL | Henry | Cropland | 40.00 | $ 15,900 | 137.7 |
| 08-21-2023 | IL | Henry | Cropland | 56.64 | $ 15,900 | 133.7 |
| 08-22-2023 | IL | Hancock | Cropland | 64.41 | $ 6,300 | 110.4 |
| 08-22-2023 | IL | Hancock | Cropland/Rec | 77.50 | $ 4,750 | 112.5 |
| 08-22-2023 | IL | Hancock | Cropland/Rec | 52.29 | $ 4,400 | 111.7 |
| 08-22-2023 | IL | Hancock | Rec/CREP | 131.06 | $ 3,400 | 107.8 |
| 08-22-2023 | IL | Hancock | Pasture/Build Site | 19.47 | $ 10,000 | 97.5 |
| 08-22-2023 | IA | Pocahontas | Cropland/CRP | 75.63 | 84.5 | |
| 08-22-2023 | IA | Pocahontas | Cropland/CRP | 140.00 | $ 11,000 | 85.1 |
| 08-23-2023 | WI | Adams | 100.00 | $ 2,400 | -- | |
| 08-23-2023 | WI | Adams | 134.50 | $ 6,171 | -- | |
| 08-23-2023 | WI | Adams | 43.51 | $ 8,045 | -- | |
| 08-23-2023 | IA | Sac | Cropland | 78.79 | $ 18,500 | 90.2 |
| 08-23-2023 | IA | Sac | Cropland | 76.37 | $ 17,025 | 90.2 |
| 08-23-2023 | MN | Faribault | Cropland | 80.00 | $ 12,444 | 85.3 |
| 08-23-2023 | WI | Adams | 79.00 | $ 7,101 | -- | |
| 08-23-2023 | WI | Adams | 49.02 | $ 1,224 | -- | |
| 08-23-2023 | WI | Adams | 1,769.67 | $ 7,233 | -- | |
| 08-23-2023 | NE | Richardson | Cropland/Rec | 230.32 | $ 4,776 | 62.5 |
| 08-23-2023 | WI | Adams | 249.02 | $ 10,682 | -- | |
| 08-23-2023 | WI | Adams | 2,675.65 | $ 4,896 | -- | |
| 08-23-2023 | IA | Muscatine | Cropland | 193.31 | $ 12,600 | 76.6 |
| 08-23-2023 | WI | Adams | 17.52 | $ 742 | -- | |
| 08-24-2023 | WI | Adams | 57.01 | $ 4,210 | -- | |
| 08-24-2023 | IA | Chickasaw | Cropland | 34.38 | $ 13,200 | 87.1 |
| 08-24-2023 | IA | Chickasaw | Cropland/Bin site | 80.76 | $ 15,600 | 80.4 |
| 08-24-2023 | IA | Mahaska | Cropland/Dwelling | 168.00 | $ 14,200 | 80.1 |
| 08-24-2023 | IA | Cerro Gordo | Cropland | 80.00 | $ 13,800 | 85.4 |
| 08-24-2023 | IL | St. Clair | Cropland | 120.49 | $ 18,000 | 123.6 |
| 08-24-2023 | IL | Hancock | Cropland | 102.80 | $ 18,500 | 139.9 |
| 08-24-2023 | IL | Hancock | Cropland | 56.01 | $ 13,100 | 130.2 |
| 08-24-2023 | WI | Adams | 240.52 | $ 7,650 | -- | |
| 08-24-2023 | WI | Adams | 84.01 | $ 9,642 | -- | |
| 08-24-2023 | WI | Adams | 68.50 | $ 6,788 | -- | |
| 08-24-2023 | WI | Adams | 37.50 | $ 6,000 | -- | |
| 08-24-2023 | WI | Adams | 1,022.12 | $ 5,968 | -- | |
| 08-25-2023 | IA | Tama | Cropland | 80.00 | $ 12,500 | 86.8 |
| 08-25-2023 | IA | Calhoun | Cropland | 146.56 | $ 13,000 | 84.6 |
| 08-25-2023 | IA | Woodbury | Cropland | 180.92 | 73.6 | |
| 08-25-2023 | WI | Adams | 76.00 | $ 8,947 | -- | |
| 08-25-2023 | IA | Montgomery | Croland/CRP | 118.50 | $ 5,500 | 64.9 |
| 08-25-2023 | MN | Pennington | Cropland/Rec | 80.00 | $ 2,500 | 59.8 |
| 08-25-2023 | MN | Pennington | Cropland | 40.00 | $ 3,450 | 40.1 |
| 08-25-2023 | MN | Pennington | Cropland/Rec | 270.00 | $ 3,400 | 81 |
| 08-25-2023 | IA | Tama | Cropland | 80.00 | $ 10,500 | 78.9 |
| 08-26-2023 | WI | Adams | 370.01 | $ 7,135 | -- |
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