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Weekly Auction Results: 8/27/23-9/2/23

September 5, 2023 - Ashley Poduska
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26 tracts with a total of 2,402-acres were offered at public auction in Iowa the week of August 27. The average dollar per CSR2 was $163, which is down 6% from the previous week, and down 9% from Q2’s average of $179.

Iowa Results
Tracts Sold: 26
Average $/Acre: $12,355
Average $/Tillable: $13,857
Average $/CSR2: $163

The high sale of the week was a Clay County 159.54-acre cropland farm with a CSR2 of 92.9. It sold for $18,700/acre or $202/CSR2.

Below is a map of the auction locations for the week of 8/27-9/2.

Illinois Results
Tracts Sold: 13
Average $/Acre: $12,700

Minnesota Results
Tracts Sold: 4

Missouri Results
Tracts Sold: 6

Nebraska Results
Tracts Sold: 7
Average $/Acre: $11,935

Sale Date State County Land Type Gross Acres $ Per Acre CSR2
08-27-2023 WI Adams 47.51 $ 3,789 --
08-28-2023 WI Adams 312.01 $ 7,692 --
08-28-2023 IL Warren Cropland 55.31 $ 9,550 130.7
08-29-2023 IL Tazewell Recreational/Pasture 38.14 $ 16,200 --
08-29-2023 IL Tazewell Acreage 20.57 --
08-29-2023 IL Mercer Cropland 99.86 $ 8,900 120
08-29-2023 IL Mercer Cropland 71.26 $ 9,100 122.2
08-29-2023 IL Warren Cropland 56.91 $ 12,100 132.8
08-29-2023 IA Greene Recreational 40.20 $ 4,700 --
08-29-2023 IA Bremer Cropland 85.34 $ 14,000 87.4
08-29-2023 IA Jasper Cropland 96.86 $ 6,400 71.3
08-29-2023 IA Winneshiek Cropland/Rec 178.81 $ 7,750 45.1
08-29-2023 IA Dickinson Cropland 72.76 $ 11,600 80
08-29-2023 IA Dickinson Cropland 66.48 $ 11,400 84.4
08-29-2023 IA Dickinson Cropland 79.96 $ 10,200 75.9
08-29-2023 IA Dickinson Cropland 79.90 $ 10,200 81.3
08-29-2023 IA Greene Cropland 77.93 $ 12,100 69.3
08-29-2023 NE Richardson Cropland 40.00 $ 12,500 56.2
08-29-2023 NE Richardson Cropland 147.51 $ 6,900 58
08-29-2023 NE Hamilton Irrigated Cropland 80.89 $ 1,345 68.9
08-29-2023 NE Hamilton Irrigated Copland 160.41 $ 15,550 68.8
08-29-2023 NE Hamilton Irrigated Cropland 160.12 $ 15,150 66.2
08-29-2023 NE Hamilton Irrigated Cropland 143.15 $ 15,900 65.9
08-29-2023 NE Hamilton Irrigated Cropland 155.60 $ 16,200 68.4
08-29-2023 MO Montgomery Cropland 55.75 $ 11,500 72
08-29-2023 MO Montgomery Cropland 25.00 70.6
08-29-2023 IL Tazewell Cropland 145.00 $ 20,800 137.9
08-29-2023 IL Tazewell Cropland 190.86 $ 19,100 134
08-30-2023 IL McLean Cropland 40.37 $ 13,800 124.1
08-30-2023 IA Mahaska Cropland 75.49 $ 14,100 85.9
08-30-2023 IA Henry Cropland 118.50 $ 13,000 86.4
08-30-2023 IA Mitchell Cropland 153.39 $ 13,800 84.3
08-30-2023 IA Mitchell Cropland 155.16 $ 8,800 66.3
08-30-2023 IA Mitchell Cropland 155.00 $ 15,000 84.7
08-30-2023 IA Floyd Cropland 139.74 $ 12,100 85.1
08-30-2023 IA Greene Cropland 36.24 $ 14,275 88.3
08-30-2023 IA Clay Cropland 159.54 $ 18,700 92.9
08-30-2023 MN Nobles Cropland 37.57 $ 12,200 75.1
08-30-2023 MO Holt Cropland 158.60 $ 7,251 79.9
08-30-2023 MO Ralls Cropland 32.57 75.4
08-31-2023 IA Louisa Cropland 80.00 $ 7,850 75.6
08-31-2023 IA Louisa Cropland 73.00 $ 15,700 85.5
08-31-2023 IA Louisa Cropland 80.00 $ 16,950 91.1
08-31-2023 IA Franklin Cropland 152.11 87.8
08-31-2023 MN Polk Cropland/Pasture 157.08 $ 3,300 78.2
08-31-2023 IA OBrien Cropland 78.41 $ 16,700 75.2
08-31-2023 IA Sioux Cropland 69.95 $ 15,600 92.4
08-31-2023 IA Calhoun Cropland 42.57 $ 11,700 83.4
08-31-2023 IA Calhoun Cropland 47.85 $ 13,900 85
08-31-2023 MO Ralls Pasture 38.00 $ 12,200 66.3
08-31-2023 MO Ralls Pasture 57.00 $ 9,500 66.7
08-31-2023 IA Louisa Bldg Site 7.00 80.6
09-01-2023 IL Schuyler Cropland 24.38 117
09-01-2023 MN Murray Cropland 40.15 $ 11,457 90.1
09-01-2023 MN Murray Pasture 32.81 $ 2,828 50.9
09-01-2023 IL Schuyler Cropland 61.80 $ 9,600 122.2
09-01-2023 IL Schuyler Cropland 28.30 114
09-01-2023 IL Schuyler Cropland/Rec 81.59 $ 7,850 100.2
Published in: Land Values